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    LadyT09's Avatar
    LadyT09 Posts: 1, Reputation: 1
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    #1

    Mar 19, 2011, 09:01 PM
    If Two people claim the same dependent what will happen
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Mar 20, 2011, 03:24 AM
    The IRS will catch it sooner or later. If right away, a demand letter or refund held from both people until one of them proves who gets the exemption. If later, penalties and interest. Which are HUGE.

    Pick up a tax guide at any PO. Read starting on page 24 if you are unsure of who can claim. It goes on for pages.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #3

    Mar 21, 2011, 09:23 AM
    Quote Originally Posted by joypulv View Post
    Pick up a tax guide at any PO. Read starting on page 24 if you are unsure of who can claim. It goes on for pages.
    The internet is a wonderful thing - even the IRS is on-line these days! Here's a link to Pub 501. See page 12-15 for info on claiming your child as a dependent, especially the section regarding rules for children who can be claimed by 2 or more people:
    http://www.irs.gov/pub/irs-pdf/p501.pdf
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