Buffalo Divorce Lawyer Examines Whether or not Child Support is a Tax Deduction
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As an experienced Buffalo Divorce Lawyer, clients often ask me about the tax deduction on child support. A serious consideration in preparing a property settlement agreement or separation agreement is to take into account who’s going to be able to claim the children for tax exemption purposes.
The non-custodial parent, as a matter of law, does not get to claim the child unless it’s specifically in the agreement allowing for that.
Are you curious whether or not child support is a tax deduction? If so, contact the experienced Buffalo Divorce Lawyer Randy Gugino
This educational blog was brought to you by Randy Gugino, an experienced Buffalo Divorce Lawyer.