The parent who pays more than fifty (50) percent of the actual costs of child support may:
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The parent who pays more than fifty (50) percent of the actual costs of child support may:
Share the exemption with the recipient
Claim the child as a dependent
Not derive any tax benefits from these payments
Treat the payments like alimony
Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
Posted Date: