Tax Year
The tax year refers to the year in which the wages were earned on which a party paid income tax. If you are assigned odd years to claim the child for tax purposes, then you will claim your child when you file the tax returns for that odd year. For example, for Tax Year 2021 taxes, you would claim your child, even though you will be filing your tax return sometime in 2022, when the tax returns for 2021 are due.