What To Do If Someone Else Claims Your Child As A Dependent
You can claim a $4,050 dependent tax exemption for each qualifying child under federal tax law. Married couples filing jointly generally claim their children on their return, which is easy enough to manage between them. But when parents file separately, which often happens in the case of divorce or separation, the familiar tug-of-war over the kid(s) can extend to tax returns. So what happens if someone else claims your child as a dependent?...