Dependent Care Credit
Collapse
X
-
-
Client SOL
Thanks Jess,Tax,White for your answers. I had the same answer but wanted confirmation. Always second guessing myself. Red
Leave a comment:
-
The point to the dependent care credit is to receive some assisstance for the cost of taking care of the dependent while the taxpayer earns taxable income. Since the Dad is not the custodial parent, he can go to work whether the child has daycare or not. What he contributes is a form of child support and not deductible.Leave a comment:
-
-
If the child did not live with Dad for more than half of the year he is out of luck. Only the custodial parent can claim child and dependent care expenses.Leave a comment:
-
Dependent Care Credit
Divorced dad pays child care for two children, directly to child care provider, has receipt.
Not custodial parent.
Cannot claim children as dependent.
Is he eligible for the Dependent Care Credit.
Thanks
RedTags: None
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Leave a comment: