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  #3  
Old 02-22-2006, 12:50 PM
Phil Marti
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Posts: n/a
Default Re: New EIC & Single Mom

"Joe Cool" <sorry[at]no.not> wrote:

- quote -

> > Mom rents two rooms in a house for herself & Son.
> > Father has home with new girlfriend.
> > Son is Mother 4 days Dad 3. No legal paperwork.
> > In past 6 years Dad claimed head of household, dependent,
> > child care & child tax credit. Mom only claimed EIC. This
> > was started by a tax chain and since they filled out the
> > forms the same way. Never a problem besides Mom getting
> > cheated. Mom asked me to help with her's this year.
> > > The new rules look more restrictive.

> > Will this still work?


> Mom accepts that the father claims dependant etc., he does
> pay most cash needs for son. My question was; can she still
> take the earned income credit for the son on her return as
> in the past?


Pay careful attention. What Dad was doing in the past was
illegal then, and if he continues it it's illegal now.
Since the child was physically with Mom more than half the
year, only Mom can possibly qualify for HofH, EIC, and Child
Care Credit with respect to this child. Mom can, if she
chooses, give the personal exemption and child tax credit to
Dad.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << 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. > << ================================================== ===== >
  #2  
Old 02-18-2006, 01:16 PM
Joe Cool
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Posts: n/a
Default New EIC & Single Mom

"Joe Cool" <sorry[at]no.not> wrote:

- quote -

> Mom rents two rooms in a house for herself & Son.
> Father has home with new girlfriend.
> Son is Mother 4 days Dad 3. No legal paperwork.
> In past 6 years Dad claimed head of household, dependent,
> child care & child tax credit. Mom only claimed EIC. This
> was started by a tax chain and since they filled out the
> forms the same way. Never a problem besides Mom getting
> cheated. Mom asked me to help with her's this year.
> The new rules look more restrictive.
> Will this still work?


Mom accepts that the father claims dependant etc., he does
pay most cash needs for son. My question was; can she still
take the earned income credit for the son on her return as
in the past?

Thanks
Joe

<< ================================================== ===== > << 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. > << ================================================== ===== >
  #1  
Old 02-14-2006, 05:45 AM
Don Priebe
Guest
 
Posts: n/a
Default Re: EIC & Single Mom

- quote -

> Dad may be able to claim the dependency deduction
> with a 8332 signed by the mom. Dad can't claim the child
> care, nor the child tax credit.


Child tax credit goes with dependency. If she signs the 8332
he gets both.

--
Don EA in Upstate NY

<< ================================================== ===== > << 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. > << ================================================== ===== >
 
Old 02-11-2006, 06:26 PM
Paul Thomas, CPA
Guest
 
Posts: n/a
Default Re: EIC & Single Mom

"Joe Cool" <sorry[at]no.not> wrote

- quote -

> Mom rents two rooms in a house for herself & Son.
> Father has home with new girlfriend.
> Son is Mother 4 days Dad 3. No legal paperwork.
> In past 6 years Dad claimed head of household, dependent,
> child care & child tax credit. Mom only claimed EIC. This
> was started by a tax chain and since they filled out the
> forms the same way. Never a problem besides Mom getting
> cheated. Mom asked me to help with her's this year.
> The new rules look more restrictive.
> Will this still work?


Dad can't claim HOH - and he never could from what you
posted. Dad may be able to claim the dependency deduction
with a 8332 signed by the mom. Dad can't claim the child
care, nor the child tax credit.

Looks like it's payback time for mom.

--
Paul Thomas, CPA
paulthomascpapc[at]bellsouth.net

<< ================================================== ===== > << 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. > << ================================================== ===== >
  #-1  
Old 02-09-2006, 03:53 AM
Joe Cool
Guest
 
Posts: n/a
Default EIC & Single Mom

Mom rents two rooms in a house for herself & Son.
Father has home with new girlfriend.
Son is Mother 4 days Dad 3. No legal paperwork.
In past 6 years Dad claimed head of household, dependent,
child care & child tax credit. Mom only claimed EIC. This
was started by a tax chain and since they filled out the
forms the same way. Never a problem besides Mom getting
cheated. Mom asked me to help with her's this year.

The new rules look more restrictive.
Will this still work?

<< ================================================== ===== > << 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. > << ================================================== ===== >
 

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eic, mom, single
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