Even if you have signed as an owner-builder on the building permit: 1  you and a builder, contractor or tradesperson must enter into a written contract for domestic building work costing more than $5,000.
1 The parent who the child spends the most time with may claim the dependent. 2  If the child spends equal time between both parents, then the parent with the highest adjusted gross income may claim the dependent. 3  If only one of the taxpayers is the childâs parent, that parent may claim the dependent.
Best Answer: Even if you don't make a whole lot of money you can still file for tax return and claim your child. You will get some of your withholding back as well as qualifying for Earned Income Credit (money that is above and beyond your tax withholding). If the child's other parent is trying to claim the kid, then it could get a little more complicated. The IRS rule for when both parents trying to claim the same child is: 1.