Who will be able to claim child tax exemptions?

The child support order will establish which parent can claim the child as a dependent for federal and state income tax purposes. Unless the parties agree who can claim the tax exemption, the Utah court will award the exemption based on which parent makes a greater financial contribution to raising the child and which parent will receive a greater tax benefit from the exemption, among other factors. If one parent stands to receive a tax savings from the exemption and the other parent does not, the Utah court cannot award the exemption to the parent who would not receive a tax savings. The court may also not award the exemption to a non-custodial parent who is behind on child support payments.

Call Fair Price Lawyers today at (801) 999-0104 for a consultation with a Utah family law attorney.