How Does a Divorced Parent Claim a Child as a Dependent?
It’s tax time and if you’re divorced and were awarded the right to claim your child or children as a dependent(s) on your tax return, here’s what you need to know about filing your taxes properly. The Internal Revenue Code sets out the law about who is entitled to claim a child as a dependent and how to claim it on your tax return. Generally, the dependency exemption for children of divorced parents goes to the parent who has custody for the greater part of the calendar year. In making th... Read more ...
Launching Soon … A Blog on Illinois Divorce Law Issues
Attorney Michael C. Craven Michael C. Craven is a well-known divorce attorney in Chicago, and CPA serving the Chicagoland area. He is highly respected among other divorce attorneys, judges and his clients. He also holds a Master of Tax Law Degree (LLM). For more information about his services, contact Michael at Divorce Lawyers Chicago. ... Read more ...