This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.

Technical

Form 8332 Challenges for Divorced Couples Logo aicpa

  Annette Nellen, Esq., CPA, CGMA |   Free |   AICPA |   20 Oct 2016 |   Tax Insider

No matter what their divorce decree says, noncustodial parents need a signed release, called Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent, to be able to claim their children as dependents and take other tax credits. This article looks at how this requirement can trip up taxpayers and IRS guidance on this issue.

Topics covered:
  • Tax: Technical: Individual income taxation : Dependents & exemptions, Intermediate

Comments/Reflections

You may also be interested in: