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.
How does the EIC/Non Dependent tax credit work? Both parents, divorced, reside in the same residence with the minor child 12 months per year. One parent, per divorce decree, will claim the child as a dependent. Is the other parent eligible for the EIC/non-dependent care credit? Both parents live with the child 12 months out of the year and incur daily living expenses.