- 3 - custodial parent, claimed dependency exemption deductions for Laurie and Andrew under section 151 up to, and including, the 1992 tax year. In January 1993, when she was 17, Laurie moved in with petitioners. Laurie lived with petitioners for the entire 1993 and 1994 tax years. Andrew continued to live with petitioner's ex-wife. Petitioner and his ex-wife orally agreed that if petitioner would continue to pay child support in the amount of $468 a month to his ex-wife, petitioner could claim dependency exemption deductions for both of the children for the 1993 and 1994 tax years. Petitioner did not go to court and have a formal hearing in order to change custody because he felt that the children had already been subjected to too many court hearings pertaining to the original divorce action. On January 18, 1993, Laurie signed an affidavit in which she chose petitioner as her managing conservator "subject to the approval of the Court." Laurie's affidavit, however, was never submitted to the court for approval. Contrary to her earlier oral agreement, petitioner's ex-wife claimed dependency exemption deductions for both of the children for the 1993 and 1994 tax years. On their 1993 and 1994 Federal income tax returns, petitioners claimed dependency exemption deductions with respectPage: Previous 1 2 3 4 5 6 7 8 Next
Last modified: May 25, 2011