Friday, November 6, 2009

Can both parents claim the child care tax credit if the parents are both single?

No, only the parent the child lives with can get the child care tax credit, even if the other parent is allowed to claim the child as a dependent and get the child tax credit.

Can both parents claim the child care tax credit if the parents are both single?
The parent that the child lives with gets the credit regardless of which one the child lives with. If the parents live together with the child, the one who claims the child as their dependent gets the credit.
Reply:No.. only the parent whom the child lives with can receive the credit. If they all happen to live in the same home, then only one can take the credit.
Reply:Depends on who has physical custody, some states say 6 or 8 months out of the year. If both file their will be an audit, and the one in the wrong will pay a penalty.


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