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A child custody agreement can have serious implications on your tax filing and your taxes general. This problem really should be addressed with your lawyer or with your accountant while you are going via the procedure of negotiating or litigating child custody or a divorce agreement. Waiting until after you have finalized a child custody agreement to investigate the tax impact is not adviseable.

State law on child custody does not dictate who gets the tax deductions. If your kid custody agreement is entirely silent on this concern, the parent with primary residential or sole custody will have all of the tax advantages offered by means of the children. That party will be able to claim the children as deductions, and so forth. This can be a significant issue.

child custody disputes