Tips from the Vance County Parenting Task Force

Feb. 22, 2013 @ 08:15 PM

 

Tax time and dependents

Who counts on your tax return as a dependent? Make sure you have social security or tax identification number for each person listed. Share custody of minor children? Make sure of complete agreement and understanding of who will claim them. This conversation may need to take place each year. It’s particularly important for new co-parents, when there has been a change in status, when a non-resident parent first begins child support payments or for newly separated/divorced parents.

Source: dollardecisions.wordpress.com/2013/02/07/planning-for-tax-preparation./