- 9 - 2. Written Declaration Requirement Pursuant to the regulations, the Internal Revenue Service issued Form 8332 as a way to satisfy the written declaration requirement of section 152(e)(2). Form 8332 instructs the taxpayer to provide (1) the names of the children for whom exemption claims were released, (2) the years the claims are to be released, (3) the signature of the custodial parent to confirm their consent, (4) the Social Security number of the custodial parent, (5) the date of the custodial parent’s signature, and (6) the name and Social Security number of the parent claiming the exemption. If Form 8332 is not used, a statement conforming to the substance of Form 8332 must be used. See sec. 1.152-4T(a), Q&A-3, Temporary Income Tax Regs., supra. The settlement agreement petitioner attached to his return contains the names of the two children, the custodial parent’s signature as witnessed by a notary’s certification, the date of her signature, and petitioner’s name. It does not contain the Social Security number of either the custodial parent or of petitioner, or literal reference to the year 1998. 9(...continued) 152(e)(2) was amended to include reference to the allocation of the dependency exemption deduction to the noncustodial parent in a divorce decree. Under this current version, the noncustodial parent will be entitled to the dependency exemption deduction where the custodial parent signs a written declaration waiving the right to claim it or the dependency exemption deduction is allocated to the noncustodial parent pursuant to a State divorce decree.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011