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Edited 2/25/18
A custodial parent always has the option of allowing the non-custodial parent to claim the dependency exemption and accompanying Child Tax Credit.
He must furnish the other parent with a Form 8332: Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent.
In the case of someone who is not the biological parent, the Tiebreaker rules always benefit a parent.
Tiebreaker rules. To determine which person can treat the child as a qualifying child to claim the six tax benefits just listed, the following tiebreaker rules apply.
Edited 2/25/18
A custodial parent always has the option of allowing the non-custodial parent to claim the dependency exemption and accompanying Child Tax Credit.
He must furnish the other parent with a Form 8332: Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent.
In the case of someone who is not the biological parent, the Tiebreaker rules always benefit a parent.
Tiebreaker rules. To determine which person can treat the child as a qualifying child to claim the six tax benefits just listed, the following tiebreaker rules apply.
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