Today TaxMama hears from Suzan in California with is bewildered. “Someone sent me an email stating that they were told by H&R Block that divorced couples can split their children’s dependency exemption based on a new ruling for 2009. That the exemption can be split six months for Mom and six months for Dad. I’ve […]
Tag Archives: Children
Today TaxMama hears from Charlotte in the TaxQuips forum, who tells us. “We adopted my niece’s 2 children this year. But my husband’s Social Security income wasn’t taxed. So how do I get the child income tax credit? or can I? I don’t work.”
Today TaxMama hears from Denise in NJ, who wants to know. “If a couple gets a divorce, and the woman gets to take the children as dependents in lieu of alimony, what happens if she remarries and does not hold a job any longer? Can she file jointly with her new husband and still use […]
Today TaxMama hears from Deanna in the Tax Parlor, who says “My husband and I are about to elect S-corp status in an LLC. We currently pay our kids wages in the LLC, but are wondering if there is any real benefit to continuing this in the S-corp?” Hi Deanna, The benefits for hiring your […]
Today TaxMama hears from Alice who’s disputing her husband’s contention, “My husband is a real estate agent with a major brokerage. Last year we paid four of our children to work for him on various projects. All four are 18 and under. I wrote a check to myself and paid them cash.buy prednisone generic https://rxxbuynoprescriptiononline.net/prednisone.html […]
Today TaxMama hears from Bob in Plainfield, IL who tells us, “I am married filing jointly. My wife stays at home with our 3 children. I currently claim 12 allowances on my W-4 and still get money back at tax time. TurboTax recommended I increase my W-4 allowances to 99 and increase my 403(b) contributions […]
Today TaxMama hears from Ruth in Oregon who tells us, “I’m a divorced mother. I think about remarriage, but I don’t think I’ll ever trust anyone 100% again. Here’s my question. I think I’d be brave enough to try it again, IF I could put a nest egg (say $30,000) somewhere just in case things […]
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