Child Dependency and Taxes

July 29, 2013 § Leave a comment

Randy Wallace has some useful info on his blog in a post entitled Who Gets to Claim the Child on Taxes?

It’s a subject you need to be on top of, because quite often you are called upon to include such a provision in your clients’ property settlement agreements. You want to make sure that the language you choose will do exactly what your client expects it to do with the IRS.

Remember always to include language that requires both parties to execute and deliver the proper forms in a timely fashion that are needed to carry out the terms of the agreement.

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