I sometimes wonder if the Tax Court would have to lay off a judge or two, if it were not for dependency cases. Maybe not, as I imagine that they blow through them pretty quickly and almost invariably ...

Forbes contributors publish independent expert analyses and insights. Peter J Reilly is a Forbes contributor who covers taxes. Who gets dependency exemptions for children should not be really hard.

In two recent cases, the Tax Court ruled on the validity of a dependency exemption release to a noncustodial parent. Taken together, the cases illustrate how a properly executed and filed Form 8332, ...

Generally, IRC section 151(c)(1) allows taxpayers an exemption for dependent children. In the case of divorced parents, the custodial parent gets the exemption. That parent, however, may release his ...

FORT HUACHUCA, Ariz.--For tax years beginning after July 2, 2008, the 2009 tax season for most taxpayers, new rules allow the custodial parent to take away the right of the non-custodial parent to ...

The first tax filing after a divorce demands empathy and meticulous attention to detail. For many, understanding new filing statuses, child-related credits, support considerations, and the impact of ...

The 1984 Tax Act includes a change that affects millions of divorced or separated parents. The legislation changed the rules about who gets the dependency exemptions for children after the parents ...

When there is a divorce and there are minor children involved, the question of who gets to claim the exemption for the children needs to be answered. Now, a “time test” is used as a general rule. The ...

LOS ANGELES (MarketWatch) -- Thanks to the Internet, taxpayers are becoming ever savvier about opportunities to save money on their taxes. Unfortunately, that also means plenty of divorced couples are ...