Child Support and Income Tax Law in Illinois
Trusted and Experienced Family Law Help Since 1966
Often when parents learn that their spousal maintenance income is taxable (and that spousal maintenance paid is deductible), they worry about an important question—are child support payments taxable as well?
The answer to this question is no; child support is neither taxable nor deductible. There are, however, other potential tax consequences involved with child support and child custody issues. For instance:
- If you have minor dependents you may be eligible for tax exemptions and other benefits
- You may be eligible for child care tax credit if you are the residential custodial parent
If you are divorcing and wish to maximize your financial rights as the payor or payee of child support payments or as the custodial parent, an experienced and knowledgeable family law attorney can help you achieve your goals. At the Chicago law firm of the Law Offices of Elliot Heidelberger, our two-member lawyer team has helped in hundreds of families in over 50 years of combined family law legal experience.
Call 630-289-4000, 847-289-4000, or 312-443-8003 for experienced child support and income tax law counsel and help.
Parents' finances can be affected by their status as a custodial parent, child support payor and child support payee. We can help you negotiate with your spouse for an agreement that protects your interests while protecting the interests of your child. We can also help you as your divorce process proceeds (or after) so that you are eligible for dependency exemptions and other benefits. To learn more about our firm and child support and tax law, contact our firm at our Hanover Park or downtown Chicago office.
Contact Us
If you need family law legal help in the Chicago area contact the experienced and committed lawyers of the Law Offices of Elliot Heidelberger. Call 630-289-4000, 847-289-4000, or 312-443-8003.
