Saturday, January 9, 2010

Who gets credit for child in home when filing injured spouse?

I am the injured spouse, and we have 1 child together. I filled the form and I was wondering who the $1000 credit for the child that we have together in our home goes to.





Do they give part to my husband to be applied to back debts, or do I get the child credit along with my own?





Thanks!Who gets credit for child in home when filing injured spouse?
It depends on how you filled out the injured spouse form. When you fill out the form, you allocate children and other credits and deductions to one spouse or the other. If the child is assigned to you then you will get the child tax credit. If the child is assigned to your husband then it goes to pay back his offset.





For the injured spouse form to be beneficial, you should always assign as many good things (like children) to the injured spouse as possible. Children can always be assigned to the injured spouse even if the child was not your biologically, since the child became yours as soon as you married its father.Who gets credit for child in home when filing injured spouse?
Line 10. Allocate the exemptions claimed on the joint return


to the spouse who would have claimed them if separate


returns had been filed. Enter whole numbers only. For


example, you cannot allocate 3 exemptions by giving 1.5


exemptions to each spouse.





Line 11. Allocate any child tax credit, child and dependent


care credit, and additional child tax credit to the spouse who


was allocated the qualifying child鈥檚 exemption. Do not include


any earned income credit here; the IRS will allocate it based


on each spouse鈥檚 income.

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