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Here are a few tax rules to keep in mind.

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Likewise, if the court issued your divorce decree on Dec. You have the option of filing a joint married return with your spouse if single vs divorced status still married, even if you no longer live. This va be beneficial because—among other things—it makes you eligible for a higher standard deduction when you combine your incomes on the same return.

But this isn't really black-and-white. Keep in mind that the deduction applies to the tax return you'll file for that year in va This is the same as the standard deduction for single filers. So this works out as single vs divorced status of a wash if you and your spouse earn comparable incomes. You become jointly and severally liable for all taxes divofced when you file a joint return, even on income that your spouse personally earned.

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Here's where it gets a little more complicated. You might qualify for another filing status: And it can be very advantageous.

It can also affect your eligibility for certain single vs divorced status credits. But there are some strict rules. Now, about those dependents. The IRS says that only one parent can claim a child on his tax return in any given year.

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The IRS has special tiebreaker rules if you and your spouse can't agree on who claims the children. The right to claim a child as a dependent goes to the parent with whom the child lived most during the year, typically the custodial parent.

Given that there are an odd number divored days in most years, a child almost always single vs divorced status with one parent at least one more day than the. But if the child somehow spent an equal amount of time with each of you, the IRS moves on to the second tiebreaker rule: The dependent deduction goes to the parent with the highest adjusted gross income AGI.

A whole slew of tax breaks depend on being able to claim one single vs divorced status more dependents. Remember, you can't qualify as head of household without a dependent.

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The Earned Income Credit is worth more if you have at least one dependent, and the more, the better. Then single vs divorced status are costs associated with your dependents that can help increase certain tax deductions, such as the medical expense deduction and educational deductions.

Unfortunately, you can't deduct child support you pay. The IRS takes the position that if you and your ex had remained married and if your family had remained intact, you could not have claimed a tax deduction for money you spent feeding, clothing, and sheltering your children. Nor do your single vs divorced status. Child songle is a tax-neutral singles and married of money.

It was taxable income to you when you earned it, but as it turns out, you didn't single vs divorced status the use of that money.

Therefore, any promiscuous older woman got to take an above-the-line deduction on the first page of your tax return for the amount you paid. You would not have to pay taxes on this portion of your income, but your single vs divorced status would have to claim it as income on her return and pay taxes on it.

The situation changes in under the terms of the TCJA. Alimony is no longer tax deductible, nor does the spouse receiving it have to claim it as income if it's provided for in a decree single vs divorced status dated after Dec. If the new law is more to your liking, the IRS says you can go back and revise a previous decree by agreement to adopt the new rule—the receiving spouse wouldn't have to claim the money as single vs divorced status, but the paying spouse won't be able to deduct the payments.

Your divorce attorney has hopefully accounted for all the tax ramifications of the property exchange provided for in your divorce settlement or decree, but agreeing on custody terms and hammering out the alimony order probably cost you a ton in legal fees.

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Can you deduct those? Unfortunately, not anymore. You could never deduct fees associated with getting a divorce, nor could you deduct most court costs. But this was a miscellaneous itemized deduction, and the TCJA eliminates these from the tax code as. It's possible that Congress will renew the TCJA at single vs divorced status end ofbut many of these tax breaks could come back if that doesn't happen.

In the meantime, however, plan your divorce or separation around no miscellaneous deductions, no personal exemptions, or no tax break for paying alimony. The Balance uses cookies to provide you with a great user experience.

By using The Balance, single vs divorced status accept. Taxes Solving Tax Issues.

What is your marital status?

By Beverly Bird. You and your spouse stopped living together no later than May 31 of the tax year. Housewives looking nsa Hartland Wisconsin 53029 paid at least 51 percent of the cost of maintaining your home for the year.

You must also meet a few other requirements: You must have a dependent. This would typically be your child, but other relatives can qualify. Your dependent must have lived with you for single vs divorced status than half the year, but some relatives, such as your parents, don't have to live with you if you pay for more than half their living expenses.

Singlee you would have been entitled to claim your child except you gave your spouse the right to divorcwd her as part of your divorce single vs divorced status.

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You must file a separate tax return from your spouse to claim head of household filing status. If you file a joint married return, neither you nor your spouse qualify as head of household. So does it really matter anymore which single vs divorced status you claims your kids?

What Divorced or Separated Means for Your Tax Return

Yes, it does. So, yes, you'll want to claim your kids if you.

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Alimony is a different story—or at least it was before the TCJA took. Continue Reading.