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| Al Bundy <postmaster[at]127.0.0.1> writes: - quote - > > Through my divorce decree I am able to claim one of my
Hey, Al!!!=> > children as a dependant. My question is, can I claim the > > child care tax credit because I also pay for childcare? > I would say yes if they meet the other qualifications. You > met 3 in that it is your child, that they are your dependent > and under Age 17 at the end of the year (must be since you > are able to do dependent care which is under age 13). Long > as they are a citizen, you're all set. > The Dependent Care Benefits are taken into account in the > Child Tax Credit Worksheet. > If you do not get the full deduction after going through the > worksheet and figuring the credit, be sure to look at > picking up the balance with the Additional Child Tax credit. We've got to look at this ONE MO' TIME!!!=![]() "The Child Tax Credit" and "The Child Care Tax Credit" are different creatures. The person who contributed the question wanted information on "The Child Care Tax Credit" for which he is likely not eligible unless he were the custodial parent. Indeed, he likely does qualify for the "Child Tax Credit"!!= ![]() "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!= ![]() << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Kevin wrote: - quote - > Through my divorce decree I am able to claim one of my
Only if you have physical custody of the child and pay for> children as a dependent. My question is, can I claim the > child care tax credit because I also pay for childcare? child care so you can work, look for work, or be a full time student. Regards, Bill ~~~~ Associate Professor of Accounting Longwood University Department of Accounting, Economics & Finance http://www.longwood.edu/staff/wpbrown/ Opinions expressed by me are mine, not my employer's. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| - quote - > Through my divorce decree I am able to claim one of my
I would say yes if they meet the other qualifications. You> children as a dependant. My question is, can I claim the > child care tax credit because I also pay for childcare? met 3 in that it is your child, that they are your dependent and under Age 17 at the end of the year (must be since you are able to do dependent care which is under age 13). Long as they are a citizen, you're all set. The Dependent Care Benefits are taken into account in the Child Tax Credit Worksheet. If you do not get the full deduction after going through the worksheet and figuring the credit, be sure to look at picking up the balance with the Additional Child Tax credit. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Through my divorce decree I am able to claim one of my children as a dependant. My question is, can I claim the child care tax credit because I also pay for childcare? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| care, child, credit, divorce, tax |
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