Dependency Tax Exemption

The US Tax Court ruled against a father seeking to claim his children as personal tax exemptions on his 2007 tax return.   Arguing that he paid "all of their financial support" and was only temporarily absent from the family home, he couldn't overcome the requirement of being with the children more than half the time.   It didn't help that his wife hadn't signed a Sec 152(e) release and that she filed a conflicting return claiming the exemptions.   Alarcon v IRS (US Tax Court, 10/17/2011)