Does Paying Or Receiving Child Support Affect My Tax Return In Michigan? – (248) 588-3333
Generally speaking, money you receive from child support is not considered income like the way money you receive from work. Instead this money that has presumably been taxed that is coming to you to help pay for the child. There is a general dependent deduction that one may receive as it relates to the children. Whether or not you are entitled to receive the dependent deduction because you are supporting your child through child support, generally speaking the custodial parent is the one who gets the deduction. You should always consult with an expert and if you have questions about child support in Michigan, contact our office today for more information!
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