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Child Tax Credit After Divorce: Navigating Tax Benefits for Divorced Parents

Child Tax Credit After Divorce: Navigating Tax Benefits for Divorced Parents
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Which parent will pay the income tax on gains made from selling investment in minor child s name after divorce?

When parents are married, it is the responsibility of the highest earning parent to pay income tax on gains or returns received on investments made in the name of the minor. However the situation changes when the parents are divorced, nonetheless income tax must be paid still. Read here to know which parent has to pay income tax on behalf of minor after the divorce.

See what happened when two daughters pulled a Parent Trap on their divorced parents

When Covid hit in 2020, exes Julie Shore and Scott Gaede landed in the same pandemic social bubble. With the help of their two daughters, they reunited.

See what happened when two daughters pulled a Parent Trap on their divorced parents

When Covid hit in 2020, exes Julie Shore and Scott Gaede landed in the same pandemic social bubble. With the help of their two daughters, they reunited.

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