Dependency exemptions seem to take on a role in divorce negotiations that is out of proportion to their economic significance. Given the time that sometimes goes in to negotiating them, it is amazing how often the details get blown. If the custodial parent does not provide the non-custodial parent with Form 8332 or its equivalent, the non-custodial parent is not entitled to the dependency exemption, regardless of what the probate court says. This rule has produced quite a few frustrating Tax Cou...
Dependency exemptions seem to take on a role in divorce negotiations that is out of proportion to their economic significance. Given the time that sometimes goes in to negotiating them, it is amazing how often the details get blown. If the custodial parent does not provide the non-custodial parent with Form 8332 or its equivalent, the non-custodial parent is not entitled to the dependency exemption, regardless of what the probate court says. This rule has produced quite a few frustrating Tax Cou...
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