Question
Amy and Chris are divorced and have one child. Amy is the custodial parent. For 2022, Amy signs Form 8332, Release/Revocation of Release of Claim
Amy and Chris are divorced and have one child. Amy is the custodial parent. For 2022, Amy signs Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent, and gives the child's exemption to Chris. Assuming all the requirements are met, who may use the head of household filing status and who may claim the Earned Income Credit?
A) Amy may use the head of household filing status and claim the Earned Income Credit
B) Chris may use the head of household filing status and claim the Earned Income Credit. Amy may use the head of household filing status.
C) Amy may use the head of household filing status. Chris may claim the Earned Income Credit.
D) Amy can claim the Earned Income Credit. Chris can use the head of household filing status.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
