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Video Tips: The Significance of Releasing a Child's Dependency

If you are a custodial parent, you may release a child’s dependency to the non-custodial parent for tax purposes. But are you fully aware of the effects it will have on both your and the other parent's tax returns? This video will give you a quick explanation on the ramifications of releasing a child's dependency.

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Abdiwali Mohamed CPA PLLC

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