@TaxGuyBill wrote:
@bob808 wrote:
But if the higher income taxpayer claim claim head of household and the lower income taxpayer can claim both dependents
That is not allowed. Most likely, these are your options (assuming both parents agree):
Option #1: Parent 1 claims Head of Household and two dependents. Parent 2 claims Single with no dependents.
Option #2: Parent 1 claims Head of Household and one dependent. Parent 2 claims Single with one dependent.
Option #3: Parent 1 claims Single and no dependents. Parent 2 claims Single with two dependents.
I agree w/ @TaxGuyBill . Run your scenarios on the 3 and see which makes sense. I wonder how much higher loses if lower claims both kids with the EIC. 11k (i think thats what you showed) is damn near the top end of earned income credit. But.......run em.
