Janitor Bob Posted January 27, 2015 Report Share Posted January 27, 2015 Unmarried clients live together with their child for all of 2014. Mom wants to claim dependency exemption and CTC and have dad claim child for EIC purpose Financially, this is more advantageous...but is it allowed? Can the unmarried parents choose who gets dependency/CTC and EIC? Every year, I refresh myself on this, but every year, I doubt myself. Quote Link to comment Share on other sites More sharing options...
easytax Posted January 27, 2015 Report Share Posted January 27, 2015 Is this what you are looking for? (page 31 Pub-17) Sometimes, a child meets the relationship, age, residency, support, and joint return tests to be a qualifying child of more than one person. Al-though the child is a qualifying child of each of these persons, only one person can actually treat the child as a qualifying child to take all of the following tax benefits (provided the person is eligible for each benefit). The exemption for the child. The child tax credit. Head of household filing status. The credit for child and dependent care expenses. The exclusion from income for dependent care benefits. The earned income credit. The other person cannot take any of these benefits based on this qualifying child. In other words, you and the other person cannot agree to divide these benefits between you. The other person cannot take any of these tax benefits for a child unless he or she has a different qualify-ing child. Tiebreaker rules. To determine Quote Link to comment Share on other sites More sharing options...
Janitor Bob Posted January 27, 2015 Author Report Share Posted January 27, 2015 Thanks...found that 5 seconds after posting. I remember liking this explanation from Pub 17 because its is easy for the client to understand. Quote Link to comment Share on other sites More sharing options...
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