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1 vote
1 answer
302 views

Gift tax implication If one would pay large and voluntary child support to girlfriend (have common child)?

If I understand correctly, if one transfers more than $17,000 to his girlfriend (not married) with whom he has a child then that would need to be reported on his gift tax return; And would consume his ...
user4910112's user avatar
66 votes
17 answers
23k views

How to share income after marriage and kids?

My girlfriend and I are thinking about marriage and having children and I have spent the last days trying to figure out concepts how to handle finances from that point forward. I believe that this is ...
Chris's user avatar
  • 802
3 votes
2 answers
314 views

Can I claim my daughter as a dependent on my 2014 tax return even though she got married in August?

Can I claim my daughter as a dependent on my 2014 tax return even though she got married in August? She did not live at home but was a full-time student for at least 5 months out of the year, and we ...
Momma Bear Beauty's user avatar
2 votes
1 answer
233 views

For Tax Purposes, What Does "Provide at Least Half the Cost" Mean?

If I am separated (no legal decree) from my husband for just over two years and have been unable to work due to caring for children and illness. I get ~$3700/month from him labeled as "Separation ...
Stressed out mom's user avatar