Matt Levitsky, an associate in our Montgomery County, Pennsylvania office wrote a guest blog for our fir's Pennsylvania Family Law Blog entitled "Who Gets to Claim the child if there is 50/50 Custody?"
Matt's post talks about the four prong test and the fact that at the end of the day, all other things being equal, the exemption would normally go to the parent with the higher adjusted gross income (AGI). The piece also has an interesting discussion on whether a step-parent's income is included in the AGI test. I note that Sandra Fava has previously addressed the issue of the allocation of the dependency exemptions, in general, on this blog.
While this is an interesting technical discussion, often it does not come into play in post-divorce scenarios in New Jersey because, either the parties agree upon the allocation of exemptions (most often, blindly alternating it if there is an odd number of children or splitting them if there is an even number of children - whether this makes sense or not will be the subject of another blog post in the future) or a judge will simply allocate the exemptions in a similar fashion, regardless of what the IRS code would provide.
In any event, Matt's post was interesting reading and provides some guidance about what the proper result is when there is no agreement of the parties or decision by a court.
Eric Solotoff is the editor of the New Jersey Family Legal Blog and the Co-Chair of the Family Law Practice Group of Fox Rothschild LLP. Certified by the Supreme Court of New Jersey as a Matrimonial Lawyer and a Fellow of the American Academy of Matrimonial Attorneys, Eric practices in Fox Rothschild's Roseland, New Jersey office though he practices throughout New Jersey. You can reach Eric at (973)994-7501, or email@example.com.