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.
1 There are some exceptions to this rule. 2  Dependents may have to file. 3  People that you can claim as your dependent may have to file their own federal tax return. 4  This depends on many things, including the amount of their income, their marital status and if they owe certain taxes. 5  No exemption on dependentâs return. You generally may not claim married persons as dependents if they file a joint return with their spouse. 2  There are some exceptions to this rule. 3  Dependents may have to file. 4  People that you can claim as your dependent may have to file their own federal tax return.