51% of the time, minus time spent in daycare.
If the parent or guardian provides more then half the support of a minor child the child can be claimed as a dependent on the head of household IRS filing. Please note, The SSI benefits cannot be used as a portion of the "half" amount.
When someone claims you as a dependent, it means they can receive tax benefits for supporting you financially. Not everyone can claim you as a dependent; there are specific rules regarding relationship, income, and support that determine if someone can claim you.
Yes, you may need to file taxes for your child if you claim them as a dependent, depending on their income and other factors.
No, medical expenses for a dependent can only be claimed by the person who is claiming him or her as a dependent.
No, typically only one parent can claim the dependent care FSA for a child.
Claiming a dependent is not dependent on the child support issue but rather on the amount of time the child spends with each parent.
If they aren't a qualified child or a qualified relative, as defined, you can't claim them.
Paying Child Support has nothing to do with any right to claim the child on their return. A divorce agreement or custody agreement usually deals with rights to claim a child on a tax return. If there is no such agreement deciding who get to claim the child then the IRS rules do. Usually the first right is the custodial parent (the person the child lives with). Residency is one of the requirements to claim a dependent.
If the child was a dependent, yes.
You and the child's mother have to agree who is taking the child deduction (usually the parent with custody), so the child support is probably not deductible. Consult with a CPA or tax specialist to make sure; you can refile your taxes if there is some way that the payments are deductible--but only if a CPA says you can.
As long as they meet the qualifying child or relative tests, yes.
To claim your child as a dependent on your taxes, you need to fill out the IRS Form 1040 or 1040A. You will need to provide your child's Social Security number, relationship to you, and information about their residency and financial support. Make sure to follow the instructions on the form carefully and provide accurate information to claim your child as a dependent successfully.