OKLAHOMA Part 65

Who gets the income tax dependency exemptions?

Federal tax laws presume that the custodial parent is entitled to the federal income tax exemptions.

If the non-custodial parent takes the exemption, the custodial parent must sign a release of the dependency exemption to the non-custodial parent, IRS Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent. Oklahoma courts have the authority to allocate exemptions between custodial and non-custodial parents. The custodial parents can be ordered to release the dependency exemption.

The exemption for children may also be awarded to each parent in alternating years.