If both the parents are earning, for example, and they have two children, they are typically entitled for a tax rebate of $1,000 per child. When both the parents are earning, they may either file joint returns or file their individual returns. Only one parent can claim the rebate on the children. Understand that the $1,000 rebate is being given for the child and not the parent. It is possible that both the parents can file for one child each. In case the parents are divorced or is a single parent, usually the custodial parent gets the benefit. If there is a joint custody, then a different type of arrangement is reached in the court. The parents have to come to an understanding on this at the time of divorce itself. No matter what the situation is, the couple may be married, living together, separated, single, or any other case, only one parent is allowed to file for this benefit and claim the child as a dependant. If you are still confused about how to file for dependents, then you should take the advice of a tax expert.
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