Foml 8332

Foml 8332 (Rev. January 2010) 0rostment of tno Trea:cxy intemal Revenue Servne Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent ► Attach a separate form for each child. OMB No. 1545-0074 Attachment Sequence No. 115 Name of noncustodial parent Noncustodial parent's social security number (SSN) ► Part I Release of Claim to Exemption for Current Year I agree not to claim an exemption for Name of child for the tax year 20_ Signets° of custodial parent releasing claim to exemption Custodial parent's SSN Note. If you choose not to claim an exemption for this child for future tax years, also complete Part II. Release of Claim to Exemption for Future Years (If completed, see Noncustodial Parent on page 2.) Part II Date I agree not to claim an exemption for Name of child for the tax year(s) (Specify. See instructions.) Part III Signature of custodial parent releasing claim to exemption Custodial parent's SSN Date Revocation of Release of Claim to Exemption for Future Year(s) I revoke the release of claim to an exemption for Name of child for the tax year(s) (Specify. See instructions.) Signature of custodial parent revoking the release of claim to exemption Custodial parent's SSN Date General Instructions What's New Post-2008 decree or agreement If the divorce decree or separation agreement went into effect after 2008, the noncustodial parent cannot attach certain pages from the decree or agreement instead of Form 8ft19. See Release of claim to exemption below. Definition of custodial parent New rules apply to determine who is the custodial parent and the noncustodial parent. See Custodial Parent and Noncustodial Parent on this page. Purpose of Form If you are the custodial parent, you can use this form to do the following. • Release a claim to exemption for your child so that the noncustodial parent can claim an exemption for the child. • Revoke a previous release of claim to exemption for your child. Release of claim to exemption. This release of the exemption will also allow the noncustodial parent to claim the child tax credit and the additional child tax credit (if either applies). Complete this form (or sign a similar statement containing the same information required by this form) and give it to the noncustodial parent. The noncustodial parent must attach this form or similar statement to his or her tax return each year the exemption is claimed. Use Part Ito release a claim to the exemption for the current year. Use Part II if you choose to release a claim to exemption for any future year(s). Note. If the decree or agreement went into effect after 1984 and before 2009, you can attach certain pages from the decree or agreement instead of Form 8332, provided that these pages are substantially similar to Form 8332. See Post-1984 and pre-2009 decree or agreement on page 2. Revocation of release of claim to exemption. Use Part III to revoke a previous release of claim to an exemption. The revocation will be effective no earlier than the tax year following the year in which you provide the noncustodial parent with a copy of the revocation or make a reasonable effort to provide the noncustodial parent with a copy of the revocation. Therefore, if you revoked a release on Form 8332 and provided a copy of the form to the noncustodial parent in 2010, the earliest tax year the revocation can be effective is 2011. You must attach a copy of the revocation to your tax return each year the exemption is claimed as a result of the revocation. You must also keep for your records a copy of the revocation and evidence of delivery of the notice to the noncustodial parent, or of reasonable efforts to provide actual notice. Custodial Parent and Noncustodial Parent The custodial parent is generally the parent with whom the child lived for the greater number of nights during the year. The noncustodial parent is the other parent. If the child was with each parent for an equal number of nights, the custodial parent is the parent with the higher adjusted gross income. For details and an exception for a parent who works at night, see Pub. 501. Exemption for a Dependent Child A dependent is either a qualifying child or a qualifying relative. See your tax retum instruction booklet for the definition of these terms. Generally, a child of divorced or separated parents will be a qualifying child of the custodial parent. However, if the special rule on page 2 applies, then the child will be treated as the qualifying child or qualifying relative of the noncustodial parent for purposes of the dependency exemption, the child tax credit, and the additional child tax credit. For Paperwork Reduction Act Notice, see back of form. Rem 8332 (Rev. 1-2010) EFTA01222784