Can I claim my children for the earned income credit (EIC), but not as dependents, so my ex-spouse can claim them as dependents?
If you’re the custodial parent, you can release your right to claim your children as dependents. If you do so, your ex-spouse (as the noncustodial parent) can claim the exemption and child tax credit for the children.
Since you’re the custodial parent, you might be able to file as head of household. If you meet the qualifications, you can claim these credits:
This is the only instance in which more than one taxpayer can claim child-related dependent benefits for the same child.
Do you know how to claim child care expenses for a nondependent child? Learn more from the tax experts at H&R Block.
How is the child and dependent care credit calculated with your employer's dependent care benefit plan? Find the answer and learn more at H&R Block.
Do you know which business travel expenses are eligible for deductions? Learn more about how to deduct travel expenses and get tax answers at H&R Bloc
What are the requirements for the home office deduction? Learn about deductible home office expenses and get tax answers at H&R Block.