Yes - your fiancée can claim an exemption for your child when he files his tax return as long as he meets the requirements for claiming your child as a dependent. Claiming a withholding exemption during the year at work affects how much taxes are withheld (the more exemptions you claim the less taxes will be held out of your salary), but it really has nothing to do with claiming exemptions on your tax return. When you file your return, you may claim an exemption for any person who meets the tests for a dependency exemption whether you claimed that person during the year or not. There are five tests for claiming an exemption: the member of household or relationship test, the support test, the joint return test, the citizenship test and the gross income test. These rules are fully explained on the Exemptions page of our Tutorial. Based on the facts you submitted, your fiancee should qualify to claim the exemption, but you may want to to read these rules to be sure.

Depending on your fiancee's income and circumstances, claiming an exemption for your child could have a big effect on his tax liability. For one thing, he will be allowed a deduction of $2,900 for the exemption. He should also be able to claim the child tax credit of $600 (a direct credit against his taxes). Additionally, if your fiancee paid for more that 1/2 the cost of maintaining the home where your child lives, he should be entitled to claim head of household filing status which could lower his taxes substantially. Finally, if your fiancee's income is less than $28,281 ($32,121 if he has more than one child) he may be able to claim the earned income credit. The exact amount of tax he can save by claiming the child's exemption will depend on his specific circumstances, but the amount could be substantial.

The personal exemption for any individual can only be claimed once. Accordingly, you cannot claim exemptions for your children if your ex-husband claims the exemptions. The rules for claiming exemptions for children of divorced parents can be found on the Exemptions page in our Tutorial. From the information you submitted it seems like your ex-husband is legally entitled to claim the exemptions. As long as he does claim the exemption you cannot. However, if your ex-husband agrees not to claim one or more of the exemptions in any year you will be able to claim them. Should this happen, you should ask you husband to sign Form 8332 to release his claim to the exemptions.

Note however, that if you are single and your children live with you, you could claim head of household status when filing your return even if you cannot claim your children's exemption. This would lower your taxes. For more information on the Head of Household status see the Filing Status section of the Tutorial.

Horse Insurance Horse Insurance in the UK from Horsetrader Online. Horse Insurance, Horse box Insurance, Horse Trailer Insurance, Horse Rider Insurance - visit Horse Trader Online for a huge selection of Horse Insurance.   

Mortgage Insurance Quote Learn how to find the most accurate life insurance quotes and what information to have handy when you apply

loan protection insurance JSK CLAIMS UK based compensation specialist handling bank charges claims reclaiming unfair bank charges, unreasonable credit card charges, store card charges, PPI claims, mortgage arrear charges and mortgage exit fees.

Static Caravan Insurance No matter what kind of static caravan insurance you require or caravan you own, you can be assured that you Shield Total Insurance static caravan insurance will give you complete peace of mind."

Caravan Insurance Please click now to view how Club Care Insurance can help you get the perfect Caravan Insurance Policy today.


Life Insurance

Van Insurance Compare 66 cheap van insurance quotes, commercial and private van owners. Unbeatable van insurance or your money back guaranteed.

Age Concern Travel Insurance Get the best deals On Age Concern Travel Insurance.


Injury Attorney