Detail The tax court disallows a double deduction on dueling dependency claims   Oleh:  Pirrone, Maria Jenis: Article from Proceeding Dalam koleksi: American Society of Business and Behavioral Sciences (ASBBS) Proceedings: Feb 2014; Vol. 21 (1), page 555-559. Fulltext: 51 - ASBBS 2014 - p555.pdf (415.24KB) Isi artikel In Shenk v Commissioner, 140 T.C. 10, the Tax Court ruled that a noncustodial parent who did not attach a proper dependency exemption release to his return from the custodial parent was not entitled to claim a deduction. The Tax Court looked to the Internal Revenue Code to determine which parent was entitled to claim a dependency exemption that appeared on both parents’ tax return. The noncustodial parent insisted on looking at the state court order to determine eligibility. According to the Code, a child may be treated as a qualifying child of the noncustodial parent if the custodial parent releases the claim to the exemption for the child and the noncustodial parent attaches the release to the return. The taxpayer claimed entitlement pursuant to a provision in the divorce decree. The Tax Court reasoned that the Internal Revenue Code determines the eligibility of the deduction, not the state court order. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved