to my own place until June 2009 due to financial restraints. We have 3 children. Child support/alimony is basically nonexistent as we share funds for the children more than send specific payments. He does cover my rent & utilities, however, since I moved out.
I worked for 1 month during 2009. My ex- worked for 10 mos then started receiving unemployment & attending school for which he gets VA benefits.
The final factor is that we own a home & a 2nd home which we rent out. Both of our names are on the mortgages to these homes, as we are still working through the refinance process with the lenders.
Last year we filed jointly, with him as head of household & claiming the children & myself. This year, I moved out right at the breaking point for being able to claim myself or for him to claim me.
In this situation, who should claim the children? Should I allow him to claim me or might I get a better return claiming myself & possibly the children? And how should we handle who claims to houses & rental income?
I could run 5 different scenarios using tax software, but am trying to save time by asking on Yahoo Answers. Thanks!
OK, seriously? There isn’t a single tax preparer on Yahoo Answers that can give me a basic overview on how to handle a divorce situation? Please don’t offer up corny websites or throw-in the towel answers. Thanks!
Also, my moving out can be dated either as before the 6 month mark or after. My apartment lease was signed in April ’08, but I didn’t officially move out until the end of June.
What if…..I claim the rental income/rental mortgage interest while he claims the house we own, as he still lives there?
In our divorce decree,. it says we alternate years as to who claims the kids. He took them last year, so I’ll take them this year.
In this situation, I’ll claim myself.
Splitting it like this, just black & white….does that sound reasonable?
Lois