- 2 - Respondent determined a deficiency in petitioners’ Federal income tax of $1,398 for the taxable year 2001. The issues for decision are: (1) Whether petitioners are entitled to a dependency exemption deduction for petitioner’s son, Shane Owen Stone (Shane). (References to “petitioner” in the singular are to petitioner Franco Robert Stone.) We hold that they are not. (2) Whether petitioners are entitled to a child tax credit for Shane. We hold that they are not. Background Some of the facts have been stipulated, and they are so found. We incorporate by reference the parties’ stipulation of facts and accompanying exhibits. At the time that the petition was filed, petitioners resided in Lakewood, Washington. Before his marriage to petitioner Linda N. Stone, petitioner was married to Laurie F. Stone (Laurie). Petitioner and Laurie had two children, Shane, born June 29, 1986, and Christopher Robert Stone, born May 12, 1975. On August 23, 1989, petitioner and Laurie were divorced pursuant to a Decree of Dissolution of Marriage (divorce decree) entered by the Pierce County Superior Court of the State of Washington (the Superior Court). In the divorce decree, petitioner and Laurie were granted joint custody of the children. The divorce decree made no provision for the payment of child support. With respect to the dependency exemption, the divorcePage: Previous 1 2 3 4 5 6 7 8 9 10 Next
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