Posted on 31 July 2023
CHILDREN : Tax Rules and Benefits! Discover who can include them in their tax household.
Learn about tax rules regarding children and their benefits. Find out who can claim them as dependents on their tax return.
What situations can lead to confusion?
- If the couple are cohabiting
- In the event of divorce: alternating or sole custody
What are the rules and advantages?
The parent receiving child benefit can include the child in their tax household
This triggers additional deduction limits for special expenses, mortgage interest, etc. However, it cannot deduct any alimony paid following a divorce
Parents who do not receive child benefit may not include the child in their tax household, but may deduct any alimony paid in the event of divorce (up to €4020 per year per child)
Simplify your life with taxx.lu! By answering a few simple questions, taxx.lu determines the deductible expenses relating to your children.
