Thursday, February 27, 2014

ALASKA Part 62

How do I figure out the deduction for older children who live with me all or part of the time?

First, figure out how much of the time the older child(ren) live with you.  Is it a primary custody arrangement or a shared custody arrangement?  Once you figure out the custody arrangement, review the Prior Child Deduction chart Adobe Acrobat PDF logo to figure out how much to deduct. 

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