Millions of People May Not Be Able to Claim Child on Taxes

Millions of Parents May Not Be Able to Claim Child on Taxes

Claiming dependent children can lower a person's taxable income, but for millions of divorced or separated parents, they may be unable to claim the child. More than 4 million people pay child support each year, and for some, it comes with shared custody of a child, leading them to believe they can…

Millions of people may not be able to claim child on taxes

The Child Tax Credit is worth more than ever before, but some parents aren't eligible to claim their child as a dependent.