My divorce decree says my ex and I are each allowed to claim 1 child as a dependent on our taxes. The children LIVE with me. They are with him every other weekend and every Thursday night. I pay my daughters daycare ($400 a month) while he pays our sons latchkey (after school care of about $200 a month. If he is allowed to claim my son as a dependent on his taxes does he get to claim all the extra benefits too like the Child Tax Credit and Earned Income Credit? I think I should be able to claim that since both children live with me.

Help! By the way, we live in Michigan if that matters.

Yes, only the custodial parent gets EIC. If noncustodial parents gets to claim the child, noncustodial parent gets dependent's exemption and child tax credit.

Thank you! That's what I thought but just wanted to make sure before I sent in my taxes. I didn't want to get in trouble, especially since he is saying he will take me to court if I claim the EIC for my son.

MukatA is correct; the custodial parent gets the EIC as Head of Household, while the parent who claims the dependency exemption gets the Child Tax Credit.