Tax Credit Divorce Dispute

Summary

In Washington State, only one parent can claim a child as a dependent for tax purposes, typically the custodial parent. You can negotiate tax deductions as part of your divorce agreement. Consult a tax advisor for specific advice.

Full Conversation

In process of Divorce. Wife filed her own taxes and used daughter for tax credit. Im self employed and had to cover most household bills for better part of a year. Couldn't make quarterly estimate tax so have huge tax bill
Hello ****, it seems you are facing a complex tax situation. To give you more accurate advice, can you please tell me in which country or state you are located in?
Washington
Hello ****, in Washington State:
- Under IRS rules, only one parent can claim the child as a dependent for tax purposes.
- In divorce situations, this is typically the custodial parent.
- However, you can negotiate tax deductions as part of your divorce agreement.
Please consult a tax advisor for specific advice.