What is the name of your state? Kansas
Hello, and thank you for taking time to read my inquiry. I have been divorced since 2001 and have had shared custody, along with my Ex, of my only son (14yr) since. My divorce decree states that I alternate the years in regards to whom gets to claim him as a dependent. Last year, I was unemployed many months and my annual income was under $10000. It's not my year to claim my son as a dependent, and therefore cannot take advantage of the EIC credit. My Ex cannot take adavantage the EIC credit because her income excceds the maximum allowed. Is it possible for me to claim my son this year without filing form 8832? Would it not be in my son's best interest for a parent to receive the Child Tax Credit & EIC credit for his well being rather than just the Child Tax credit?? Is it unreasonable of me to try and get the EIC credit for my son this year and I should forget about it, thus wasting apprx. $1300 EIC credit which could benefit my childs well being (ie I should leave well enough alone)
I've read that 'The guiding principle for courts in allocating the exemption was, simply, to do that which was in the best interest of the child'. Isn't it in my son's best interest to receive the credit??
Any feedback will be greatly appreciated.
Hello, and thank you for taking time to read my inquiry. I have been divorced since 2001 and have had shared custody, along with my Ex, of my only son (14yr) since. My divorce decree states that I alternate the years in regards to whom gets to claim him as a dependent. Last year, I was unemployed many months and my annual income was under $10000. It's not my year to claim my son as a dependent, and therefore cannot take advantage of the EIC credit. My Ex cannot take adavantage the EIC credit because her income excceds the maximum allowed. Is it possible for me to claim my son this year without filing form 8832? Would it not be in my son's best interest for a parent to receive the Child Tax Credit & EIC credit for his well being rather than just the Child Tax credit?? Is it unreasonable of me to try and get the EIC credit for my son this year and I should forget about it, thus wasting apprx. $1300 EIC credit which could benefit my childs well being (ie I should leave well enough alone)
I've read that 'The guiding principle for courts in allocating the exemption was, simply, to do that which was in the best interest of the child'. Isn't it in my son's best interest to receive the credit??
Any feedback will be greatly appreciated.