If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#21
|
|||
|
|||
Taxes
That's what *I* thought. I've heard over on alt.support.divorce about the
8332 form or whatever, that the CP signs to allow the NCP to claim the child. I was really just asking because I was wondering if my ex was making idle threats again or if he actually knew what he was talking about this time. -- Krista Mother of three Student of Psychology and Latin Zimm wrote: I think most people come to some sort of agreement based on how much time the child is with each parent. If it's 50/50, then they should take turns claiming said child on their taxes every other year. If child is with one parent 75% and the other 25%, perhaps they could do every two years or something like that. I don't think there is really a 'standard'. Zimm |
#22
|
|||
|
|||
Taxes
That's what *I* thought. I've heard over on alt.support.divorce about the
8332 form or whatever, that the CP signs to allow the NCP to claim the child. I was really just asking because I was wondering if my ex was making idle threats again or if he actually knew what he was talking about this time. -- Krista Mother of three Student of Psychology and Latin Zimm wrote: I think most people come to some sort of agreement based on how much time the child is with each parent. If it's 50/50, then they should take turns claiming said child on their taxes every other year. If child is with one parent 75% and the other 25%, perhaps they could do every two years or something like that. I don't think there is really a 'standard'. Zimm |
#23
|
|||
|
|||
Taxes
"Krista" wrote in message . .. "P. Fritz" wrote in message ... "Krista" wrote in message news My ex sent me an email recently saying that he wants to set up something where we swap claiming Damia for our taxes each year. He insinuated that if he were to take me back to court over the matter that he would certainly win. I don't have a problem with that, but I do have a problem with the way he asked me about it. He has in the past threatened to take me back to court over things that he said would go his way that it turned out he was wrong on. And he's never *actually* taken me back to court, just used it as a threat to try to get me to capitulate without a "fight." So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? He only wants to claim one out of the three you have? Since the oter two are get you the HOH deduction, why be selfish? Well, one of them I'm not raising. She was adopted 8 years ago (I know you didn't know that, just clarifying). For one thing, we get EIC, and he makes to much to get it, so if he claims her we lose out on that $2500 for that year. Because of our current financial situation, that is an important influx of cash. We live paycheck-to-paycheck and that enables us to get major service done on our cars, pay for glasses prescriptions (which for both dh and I comes to about $400 for eye exams, glasses for both of us and contacts for me), etc. All that stuff that we really can't afford any other way. Taking $2500 of that to give him MAYBE a $500 child tax credit...? If he claims the child, most likely he will claim head of household, which make a much bigger difference that 500. Seems you have a lot of unneeded expenses for living paycheck to paycheck I'd rather just give him the $500 and not be out the other $2000 as well, but I'm sure he won't agree to that. -- Krista Mother of three Student of Psychology and Latin |
#24
|
|||
|
|||
Taxes
"Krista" wrote in message . .. "P. Fritz" wrote in message ... "Krista" wrote in message news My ex sent me an email recently saying that he wants to set up something where we swap claiming Damia for our taxes each year. He insinuated that if he were to take me back to court over the matter that he would certainly win. I don't have a problem with that, but I do have a problem with the way he asked me about it. He has in the past threatened to take me back to court over things that he said would go his way that it turned out he was wrong on. And he's never *actually* taken me back to court, just used it as a threat to try to get me to capitulate without a "fight." So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? He only wants to claim one out of the three you have? Since the oter two are get you the HOH deduction, why be selfish? Well, one of them I'm not raising. She was adopted 8 years ago (I know you didn't know that, just clarifying). For one thing, we get EIC, and he makes to much to get it, so if he claims her we lose out on that $2500 for that year. Because of our current financial situation, that is an important influx of cash. We live paycheck-to-paycheck and that enables us to get major service done on our cars, pay for glasses prescriptions (which for both dh and I comes to about $400 for eye exams, glasses for both of us and contacts for me), etc. All that stuff that we really can't afford any other way. Taking $2500 of that to give him MAYBE a $500 child tax credit...? If he claims the child, most likely he will claim head of household, which make a much bigger difference that 500. Seems you have a lot of unneeded expenses for living paycheck to paycheck I'd rather just give him the $500 and not be out the other $2000 as well, but I'm sure he won't agree to that. -- Krista Mother of three Student of Psychology and Latin |
#25
|
|||
|
|||
Taxes
"Krista" wrote in message . .. "P. Fritz" wrote in message ... "Krista" wrote in message news My ex sent me an email recently saying that he wants to set up something where we swap claiming Damia for our taxes each year. He insinuated that if he were to take me back to court over the matter that he would certainly win. I don't have a problem with that, but I do have a problem with the way he asked me about it. He has in the past threatened to take me back to court over things that he said would go his way that it turned out he was wrong on. And he's never *actually* taken me back to court, just used it as a threat to try to get me to capitulate without a "fight." So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? He only wants to claim one out of the three you have? Since the oter two are get you the HOH deduction, why be selfish? Well, one of them I'm not raising. She was adopted 8 years ago (I know you didn't know that, just clarifying). For one thing, we get EIC, and he makes to much to get it, so if he claims her we lose out on that $2500 for that year. Because of our current financial situation, that is an important influx of cash. We live paycheck-to-paycheck and that enables us to get major service done on our cars, pay for glasses prescriptions (which for both dh and I comes to about $400 for eye exams, glasses for both of us and contacts for me), etc. All that stuff that we really can't afford any other way. Taking $2500 of that to give him MAYBE a $500 child tax credit...? If he claims the child, most likely he will claim head of household, which make a much bigger difference that 500. Seems you have a lot of unneeded expenses for living paycheck to paycheck I'd rather just give him the $500 and not be out the other $2000 as well, but I'm sure he won't agree to that. -- Krista Mother of three Student of Psychology and Latin |
#26
|
|||
|
|||
Taxes
"~August" wrote in message ... "Krista" wrote in message news [...] So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? Krista - I believe the "standard" is that the CP gets to claim the children... well, according to IRS rules anyway... and so an agreement must be made for the NCP to claim any exemption. It depends on whether they were married on not. If the NCP pays a fair amount of CS, I would agree to sharing the tax exemption. ~August |
#27
|
|||
|
|||
Taxes
"~August" wrote in message ... "Krista" wrote in message news [...] So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? Krista - I believe the "standard" is that the CP gets to claim the children... well, according to IRS rules anyway... and so an agreement must be made for the NCP to claim any exemption. It depends on whether they were married on not. If the NCP pays a fair amount of CS, I would agree to sharing the tax exemption. ~August |
#28
|
|||
|
|||
Taxes
"~August" wrote in message ... "Krista" wrote in message news [...] So, I'm curious now, is there really a "standard" of CPs and NCPs alternating years claiming the shared child on their taxes? What's your experience? Krista - I believe the "standard" is that the CP gets to claim the children... well, according to IRS rules anyway... and so an agreement must be made for the NCP to claim any exemption. It depends on whether they were married on not. If the NCP pays a fair amount of CS, I would agree to sharing the tax exemption. ~August |
#29
|
|||
|
|||
Taxes
"P.Fritz" wrote in message
... "Krista" wrote in message . .. Well, one of them I'm not raising. She was adopted 8 years ago (I know you didn't know that, just clarifying). For one thing, we get EIC, and he makes to much to get it, so if he claims her we lose out on that $2500 for that year. Because of our current financial situation, that is an important influx of cash. We live paycheck-to-paycheck and that enables us to get major service done on our cars, pay for glasses prescriptions (which for both dh and I comes to about $400 for eye exams, glasses for both of us and contacts for me), etc. All that stuff that we really can't afford any other way. Taking $2500 of that to give him MAYBE a $500 child tax credit...? If he claims the child, most likely he will claim head of household, which make a much bigger difference that 500. Seems you have a lot of unneeded expenses for living paycheck to paycheck What unneeded expenses? Are you talking about school? The glasses, keeping our (used) cars running? Please explain. -- Krista Mother of three Student of Psychology and Latin |
#30
|
|||
|
|||
Taxes
"P.Fritz" wrote in message
... "Krista" wrote in message . .. Well, one of them I'm not raising. She was adopted 8 years ago (I know you didn't know that, just clarifying). For one thing, we get EIC, and he makes to much to get it, so if he claims her we lose out on that $2500 for that year. Because of our current financial situation, that is an important influx of cash. We live paycheck-to-paycheck and that enables us to get major service done on our cars, pay for glasses prescriptions (which for both dh and I comes to about $400 for eye exams, glasses for both of us and contacts for me), etc. All that stuff that we really can't afford any other way. Taking $2500 of that to give him MAYBE a $500 child tax credit...? If he claims the child, most likely he will claim head of household, which make a much bigger difference that 500. Seems you have a lot of unneeded expenses for living paycheck to paycheck What unneeded expenses? Are you talking about school? The glasses, keeping our (used) cars running? Please explain. -- Krista Mother of three Student of Psychology and Latin |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
After 13 years, mom gets $66,000 in child support | Editor -- Child Support News | Child Support | 81 | June 19th 04 12:16 AM |
Another special ed question | Leandra | General (moderated) | 10 | February 28th 04 07:39 PM |
Tax Intercept | agrich | Child Support | 90 | December 9th 03 10:43 PM |
Help Trying To Get Back Taxes Taken By Child Support | Ana & Andre | Child Support | 1 | July 28th 03 06:44 AM |
Moving to another state | Laurie | General | 31 | July 16th 03 12:48 PM |