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https://www.hrblock.com/tax-center/filing/adjustments-and-deductions/child-support-and-dependents/
Answer There is not a child support tax deduction available. Instead, the amount of child support you provide usually doesn’t matter. To qualify as a dependent, the child must not provide more than half of his or her own support for the year.
https://www.irs.gov/faqs/filing-requirements-status-dependents/dependents/dependents-6
Jan 03, 2020 · No and maybe. Child support payments are neither deductible by the payer nor taxable income to the recipient. The payer of child support may be able to claim the child as a dependent: If the child lived with the payer for the greater part of the year, then the payer is the custodial parent for federal income tax purposes.
https://www.thebalance.com/is-child-support-tax-deductible-3193029
A taxpayer could only deduct amounts paid that qualified as alimony. Because child support was not considered alimony, the person paying child support could not deduct child support payments as part of any other tax deduction.
https://www.nolo.com/legal-encyclopedia/child-support-taxes-30263.html
If your order lumps your child support payments with alimony and calls it “family support,” or designates it as spousal support, your spouse must claim the payments as income for tax purposes, and the payor will get a tax deduction for any amount paid.Author: Melissa Heinig
https://www.poynerspruill.com/thought-leadership/how-the-new-tax-law-changes-alimony-and-child-support/
Mar 22, 2018 · Child support, in contrast, is not currently considered taxable income to the party receiving it and is not deductible by the party paying it. As of January 1, 2019, alimony will be treated just like child support. Therefore, for all agreements made or orders entered from that date forward,...
https://www.liveabout.com/how-will-child-support-affect-your-taxes-1102688
The child will be considered a dependent for one parent or the other for the tax year. You can negotiate who gets the exemption on a yearly basis or a long-term basis during your divorce settlement negotiations. The exemption may be claimed by one parent one year and the other parent the next tax …
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-we-pay-child-support-do-we-get-a-tax-credit-or-exemption/00/756815
Jun 07, 2019 · Since you mentioned that you will not claim the child on your return and the child did not reside with you, who will not be able to claim any of the credits or deductions based on this child. Even though your legal agreement states that you have joint custody, for tax purposes there is …
https://turbotax.intuit.com/tax-tips/family/tax-exemptions-and-deductions-for-families/L0Nx5Tnxi
Before 2010, higher-income taxpayers were subject to a phase-out rule that curtailed deductions for personal and dependent exemptions. That rule was gone for 2010, 2011 and 2012 but is back for 2013 and beyond. Also back is the phase-out of itemized deductions for high earners.
https://www.efile.com/tax-deductions-credits-for-parents-with-children-dependents/
The child didn't file a joint return for the Tax Year; If all of the factors above apply to the child with investment income and you don't or can't choose to include the income on your return, Form 8615, Tax for Certain Children Who Have Investment Income of More Than $1,900 efile it, must be completed and attached to your child's tax return.
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