Category Archives: Tax Issues

How Divorce Affects Income Tax Filing Status

December 12, 2007 – 8:04 am

Your marital status on the last day of the tax year determines your income tax filing status for that tax year. If you have a final decree of divorce as of December 31, you can file as single, or you may qualify for head of household status. However, if your divorce is not yet final […]

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Innocent Spouse Relief

October 1, 2007 – 9:38 am

The IRS revised its Request for Innocent Spouse Relief Form 8857 this year, online here. Charlie Abut at New Jersey Family Law offers the good suggestion that the detailed form be used as a basis for a client interview when tax problems rear their ugly head in divorce.
Source for Post: LouisvilleDivorce.

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When May the Noncustodial Parent Claim Tax Exemptions?

September 14, 2007 – 10:10 pm

The Internal Revenue Code currently allows a deduction of $3,300 per dependent on federal income tax returns.’ These deductions are called ‘exemptions.” According to IRC ยง 152(c)(3), dependents include your children, so long as they have not reached age 19 by the end of that tax year.’ If a child is a full-time student who […]

By Divorce Help Network | Also posted in Child Custody | Comments (0)