QC & QR rule clarified?

[SCL]

the irs has issued a notice (Notice 2008-5) clarifying when an individual will not be a QC of another taxpayer.

under Sec 152(d)(1)(D), an indiv is not a QR of the taxpayer (and eligible for the dep exemption) if he/she is the QC of any other taxpayer.

the notice provides that the dep will NOT be a QC of any indiv that is not req to file a tax return under Sec 6012 and either does not file a return or else files soley to obtain a refund of income tax withholding.

[Julie]

Thanks. I'd missed that.

the irs has issued a notice (Notice 2008-5) clarifying when an individual will not be a QC of another taxpayer.

under Sec 152(d)(1)(D), an indiv is not a QR of the taxpayer (and eligible for the dep exemption) if he/she is the QC of any other taxpayer.

the notice provides that the dep will NOT be a QC of any indiv that is not req to file a tax return under Sec 6012 and either does not file a return or else files soley to obtain a refund of income tax withholding.