Claim For Dependent Child In Pennsylvania
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(b) A person who willfully fails to file a return, files a fraudulent return or attempts to evade or defeat the tax, shall be guilty of a misdemeanor and upon conviction be subject to fines or be imprisoned as provided for in the law, or both.
PA law does not exempt a minor from the previously described requirements to file a PA tax return even if claimed as a dependent on a federal return. A parent/guardian must file a return on behalf of the minor child in such circumstances.
If you were under 65 at the end of 2024 If your filing status is:File a tax return if your gross income is: Single $14,600 or more Head of household $21,900 or more Married filing jointly $29,200 or more (both spouses under 65) $30,750 or more (one spouse under 65) Married filing separately $5 or more1 more row •
Eligible Pennsylvanians can claim the Child and Dependent Care Enhancement Tax Credit when they file their Pennsylvania Personal Income Tax Return (PA-40). This credit can range between $600 and $2,100, depending on your income level and the number of your dependents.
In situations where there is no agreement between the parents, the parent with physical custody for the majority of the year generally has the right to claim the child as a dependent. In cases where physical custody is evenly split, the parent with the higher income is entitled to claim the child as a dependent.
The maximum credit will be $1,050 (one child/dependent) or $2,100 (two or more children/dependents​) The credit cap phases down as income levels increase. The minimum credit will be $600 (one child/dependent) or $1,200 (two or more children/dependents), provided expenses are at least $3,000 per child/dependent.
Legal Requirements for 50/50 Custody in Pennsylvania While there is no presumption for a 50/50 custody arrangement, it can be awarded by a court or included in a negotiated settlement agreement. However, a court must determine a 50/50 custody schedule is in the child's best interest.
How to fill out the PA 40 Income Tax Return Form Instructions? Enter your personal information including Social Security numbers. Report your income sources from various lines provided. Calculate your tax liability based on your reported income. Fill in all applicable deductions and credits.
What is the best schedule for 50/50 custody? Older children can handle a week-on and week-off or a 2-2-5 schedule better than younger children. A 2-2-3 custody schedule works well for parents who have good flexibility during the week with their schedules.
Taxpayers must receive the federal credit to also be eligible for the state credit in Pennsylvania. The major expansion signed into law by Governor Shapiro means: The maximum credit will be $1,050 (one child) or $2,100 (two or more children). The minimum credit will be $600 (one child) or $1,200 (two or more children).
