"John D. Goulden" <jgoul...[at]okcu.edu> wrote:

- quote -

The moderator is correct. The holder of a valid 8332 will
get the dependency deductions.

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John D. Goulden wrote:

- quote -

I believe we discussed this issue within the last two years.
Form 8332 can be revoked if BOTH taxpayers agree.
Otherwise, the exemption goes to the noncustodial parent
with the signed 8332 from the custodial parent.

--
Alan
http://taxtopics.net

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"John D. Goulden" <jgoul...[at]okcu.edu> wrote:

- quote -

As the moderator says, she signed the 8332. She then gave
up her claim.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

"John D. Goulden" <jgoul...[at]okcu.edu> wrote:

- quote -

Listen to our esteemed moderator. You won't ever get better
odds than that.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

This is a new one one on me (well, most tax situtations are
new ones on me : Client is a divorced dad; the mom had
physical custody of the kids through most of 2006. She
released the tax benefits of the kids to him with a signed
(paper) 8332 for 2006. He went ahead and filed accordingly
as single + claiming all of the kids on his taxes. Then
they had some sort of falling-out and SHE claimed the kids
on HER taxes. Naturally, her e-filed return was rejected
(his got in first and the dependents were already claimed)
and she is as mad as a wet hen. She has since filed the
same return on paper via snail mail.

She has the superior claim on the kids, and he has her
signature on the 8332 releasing that claim for 2006. Which
will prevail when the IRS wades in to sort this out?

--
John D. Goulden

Moderator:
Someone needs to advise the ex-wife that she is looking at
penalties and interest is she continues. A signed 8332
beats a Royal Straight Flush.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >