Can each parent claim a different child on taxes in Canada?

Yes, separated parents can each claim a different eligible child as a dependent for tax purposes in Canada. Under Canada Revenue Agency (CRA) guidelines, separated or divorced parents with multiple children can divide dependent claims, provided certain conditions are met: Each child must qualify as an eligible dependent The arrangement should be clearly outlined in a custody agreement or court order Each parent can only claim one eligible dependent at their primary residence Both parents must agree on the claiming arrangement for the tax year The child being claimed must live with the claiming parent at least part of the year Parents should maintain detailed records and documentation to support their claims in case of a CRA review. This tax strategy can help both parents maximize their available tax benefits while ensuring compliance with Canadian tax laws.

"Separated Parents: Claim Different Dependents for Tax in Canada"

Yes, separated parents can each claim a different eligible child as a dependent for tax purposes in Canada.

Under Canada Revenue Agency (CRA) guidelines, separated or divorced parents with multiple children can divide dependent claims, provided certain conditions are met:

Each child must qualify as an eligible dependent
The arrangement should be clearly outlined in a custody agreement or court order
Each parent can only claim one eligible dependent at their primary residence
Both parents must agree on the claiming arrangement for the tax year
The child being claimed must live with the claiming parent at least part of the year

Parents should maintain detailed records and documentation to support their claims in case of a CRA review. This tax strategy can help both parents maximize their available tax benefits while ensuring compliance with Canadian tax laws.