Is this the so-called
"marriage penalty"? Now I understand that only one side can get the $1000 child credit. But still wonder, as you mentioned that, how can both sides can get the tax exempt by claiming the child as dependent from both sides.
"marriage penalty"? Now I understand that only one side can get the $1000 child credit. But still wonder, as you mentioned that, how can both sides can get the tax exempt by claiming the child as dependent from both sides.