Your Divorce Decree Doesn’t Decide Your Taxes
High-stakes claim for divorced professionals: Your 'Equal Custody' decree is a tax trap.
The IRS doesn't care what your lawyer negotiated regarding custody when it comes to filing as Head of Household.
The Reframe: Legal custody is about rights; Tax custody is about nights.
The Simple Strategy:
- The Pillow Test: Count exactly where your child sleeps. 183 nights is the threshold for HOH status.
- IRS Supremacy: Federal tax law overrides state court orders regarding residency tests.
- Sound Logic: Document your nights now to avoid a 'Heads in Beds' dispute later.
Watch the full podcast episode for more details: https://youtu.be/TLLoUIgKUKo
DISCLAIMER: This content is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial professional before making financial decisions.