Single Fathers Beware…..

Head of Household
   Earned Income Credit

HEADS UP TO SINGLE FATHERS……

Being that it is uncommon for single fathers to claim dependents the IRS usually flags single fathers who take the EIC credit. If you have everything in order and have been take care of business don’t be worried when you see the notice in the mail.

Make sure that you have proof that your dependent is a qualifying dependent and that you qualify to claim Head of Household.

Red Flags occur when this is your first year claiming the child. It also occurs when you fail to present authorization from the mother that you can claim the child. Experienced tax preparer will usually ask for documents stating you can claim the child or inquire the mother’s permission.

TAX TIPS

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s