FennDeweese66

A youngster custody agreement can have serious implications on your tax filing and your taxes general. This concern should be addressed with your lawyer or with your accountant whilst you are going via the method of negotiating or litigating child custody or a divorce agreement. Waiting till right after you have finalized a youngster custody agreement to investigate the tax influence is not adviseable.

State law on youngster custody does not dictate who gets the tax deductions. If your child custody agreement is entirely silent on this concern, the parent with main residential or sole custody will have all of the tax advantages offered through the kids. That party will be able to claim the children as deductions, and so forth. This can be a substantial issue.

child custody disputes