Child Exemption with Joint custody after divorce

Posted by mune19642003 on April 11, 2006, 3:31 am

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I have Joint 50-50 custody ( legal and physical) with my ex
for our 2 kids. As per the Marriage Settlement we are to
claim one child each for tax return.

Now my question is:
Does this mean - In my tax return, do I just put the one
child as dependent , and have absolutely no trace ( no
mention whatsoever) of my other child ( who my ex will be
claiming as dependent )??

Thanks in advance...

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Posted by Missy on April 12, 2006, 7:55 am

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mune19642...@yahoo.com wrote:

> I have Joint 50-50 custody ( legal and physical) with my ex

> for our 2 kids. As per the Marriage Settlement we are to

> claim one child each for tax return.

> Now my question is:

> Does this mean - In my tax return, do I just put the one

> child as dependent , and have absolutely no trace ( no

> mention whatsoever) of my other child ( who my ex will be

> claiming as dependent )??

This is correct. Just don't claim any one child on both
returns.

Missy Doyle

<< ======================================================= >>
<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
<< >>
<< The Charter and the Guidelines for submitting >>
<< messages to this newsgroup are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>