How do Dependency Exemptions Work in a Divorce?
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Are you going through a divorce and have questions about dependency exemptions? Watch the following educational video, then give our attorneys a call to set up a free review.
Question:
How do Dependency Exemptions Work in a Divorce?
Answer:
- Under the tax code, the parent who has custody has the right to claim the children as dependents
- In many instances, the parent’s negotiate an outcome based upon available tax credits, a parent’s ability to earn a higher tax refund, and the consideration of how much support is being paid
- This is an issue that has some significant impact to the party’s finances each year
Are you going through a divorce and wondering “How do Dependency Exemptions Work in a Divorce?”. Contact our experienced Saratoga Spousal Support Lawyers today for a consultation and case evaluation.
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