Wow! No responses on this topic during all of today!
Now what were we talking about...? Oh! Taxes and child credit.
"Should BOTH parents get a tax exemption..." (And Hippie and Ken! Stop fighting!
)
What I was saying is that the tax laws are set up to provide relief for the parent who raises the child, in their own home. It is bad enough that the marriage ended, and the child will forever feel a loss because of the fact that one parent or the other is not there. Especially at friends' houses where Mom and Dad ARE there. (Most uncommon these days.)
I raise a step-son now, just as I was a step-son when I was young. And just as my mother didn't receive a dime of child support when I was a kid, we do not receive a dime now. But that's a choice we ALL made.
When my son was with his Dad, his Dad claimed the credit. Now we do.
But his Dad is very much a part of his life. He calls every week; my son spends every summer with his Dad, and his Dad even came for a visit and cooked dinner for us all!!
See, the choice we all made was to be adult about the unfortunate end of one marriage that led to the formation of a new marriage, with the "step-son" in the middle. He would never become a pawn. That was the decision. And maybe we are all better off in the sense that we don't worry day-in and day-out about where the money is coming from, who it's going to, or who owes on which side. That should never be an issue, in my opinion.
Child tax credit laws were put in place to help provide for the parent who is raising the child. Pure and simple. We have that credit now, and will as long as he lives here. If he goes back with his Dad, then Dad will get the credit.
It's pretty sad that anyone would look to a child as "an asset" at tax time, and gripe about not getting the child credit. If it is that important to the bottem line, then (I'm sorry but) maybe it's time to try and better yourself and your income, rather than blame your ex because you are getting "shorted". They are the children; we are supposed to be the adults.
Again I say "What price do you charge for an 'I love you', or a giggle, or a laugh"?