Category

Child Support

Child Support & Dependency Exemptions

By | Child Support, Divorce | No Comments

Who Gets To Claim The Kids After The Divorce? It’s not uncommon for there to be some dispute about who gets to claim the children for tax purposes.  Over the years I have heard many myths about who gets to claim what for taxes, some people think it’s automatically split equally, others say that if you pay child support you get to claim the kids every year, both of these are only partially correct. First, let’s look at the IRS regulations.  The Internal Revenue Code 152(c)(3)(a) says that the custodial parent gets to claim the child unless the parent “affirmatively …

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Child Support & Dependency Exemptions

By | Child Support, Divorce, Post Divorce | No Comments

Who Gets To Claim The Kids After The Divorce? It’s not uncommon for there to be some dispute about who gets to claim the children for tax purposes.  Over the years I have heard many myths about who gets to claim what for taxes, some people think it’s automatically split equally, others say that if you pay child support you get to claim the kids every year, both of these are only partially correct. First, let’s look at the IRS regulations.  The Internal Revenue Code 152(c)(3)(a) says that the custodial parent gets to claim the child unless the parent “affirmatively …

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Child Support: Soviet Style

By | Child Support | No Comments

Parenting, Soviet-Style–in the U.S. Or, how much money do you really have for child support?   If a married couple in Minnesota gets a divorce and child support is awarded, the amount awarded largely depends on the parties’ incomes.  So, say you’re a soon-to-be ex-husband and the court is awarding child support to your ex-wife.  If you want to minimize your child support obligation, what do you do?  What can you do?  You could always move to Bora Bora and change your name, but that’s not very responsible or ethical.  Perhaps a better and more appropriate way to do this …

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Child Support: Soviet Style

By | Child Support, Finances and Divorce | No Comments

Parenting, Soviet-Style–in the U.S. Or, how much money do you really have for child support? ; If a married couple in Minnesota gets a divorce and child support is awarded, the amount awarded largely depends on the parties’ incomes.  So, say you’re a soon-to-be ex-husband and the court is awarding child support to your ex-wife.  If you want to minimize your child support obligation, what do you do?  What can you do?  You could always move to Bora Bora and change your name, but that’s not very responsible or ethical.  Perhaps a better and more appropriate way to do this …

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