Injured Spouse Allocation (IRS Form 8379) provides a spouse relief from obligations owed by the other spouse. The allocation preserves any tax refund for the non-owing spouse. These obligations generally…
In two separate cases the U.S. Tax court has recently issued opinions related to the release of dependency exemptions and noncustodial parents. In summary 1) divorce orders must unconditionally award the exemptions to the noncustodial parent in order for the noncustodial parent to claim the exemption with other supporting documents as a substitute for Form 8332, and 2) A properly signed Form 8332 may takes priority over the language in a divorce decree.
