For Those Doing a CO. . .
I know this has been blogged about before but I can't emphasize ENOUGH how claiming the skids on taxes HAS to be rotated regardless of even or odd number of skids!!
Why do I say this? Because as they start to age out, the deduction/credit for them gets less and less. Something I really didn't pay attention to--I'm no tax accountant, quite obviously.
2014 is the last year that Chef can claim Pumpkinhead as he'll turn 19 this year.
If he were allowed to claim Dominatrix (SD turned 16 late last year), he would be getting an almost $800 REFUND .
Because he agreed to claiming only the oldest of all three, then he has been royally shafted on taxes for an entire decade. Claiming Pumpkinhead will give him a $300+ tax BILL
EXACT.SAME.RETURN except for the skid claimed in question.
For any of you SMs whose DH is forming up a CO, make SURE there is plenty of ROTATION. Even if there are only two skids, makes sure your DH gets to also claim the YOUNGER one every other year and not just get stuck with claiming the older one and the BM claims the younger one.