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https://www.investopedia.com/terms/m/multiple-support-agreement.asp
A multiple support agreement is a document which is signed by two or more taxpayers who provide the financial support for a single dependent. This agreement allows several persons who jointly ...
https://www.irs.gov/pub/irs-pdf/f2120.pdf
dependent except that he or she didn’t pay over half of that person’s support. If there are more than four other eligible persons, attach a statement to your return with the required information. Note: The rules for multiple support agreements apply to claiming an exemption for a qualifying relative and don't apply to claiming an exemption
https://www.agreements.org/multiple-support-agreement.html/
A multiple support agreement is between two or more tax-paying people who provide for the same dependent financially. Upon signing, it permits each taxpayer to claim for the tax exemptions in turns if they jointly support the same dependent, such as an elderly person being supported by many children
https://www.irs.gov/forms-pubs/about-form-2120
Nov 05, 2019 · Information about Form 2120, Multiple Support Declaration, including recent updates, related forms and instructions on how to file. Form 2120 is used by persons claiming a dependent under the multiple support rules to identify all other eligible persons and to indicate they have signed statements from them waiving their rights to claim that person as a dependent.
https://turbotax.intuit.com/tax-tips/marriage/what-is-form-2120-multiple-support-declaration/L5iIYG0WZ
To claim someone as a dependent with Form 2120, you must have paid at least 10% of the costs of support. Further, no single person listed on the form can have paid more than 50% of the cost of support. Attach Form 2120 to your return, but do not include the signed statements. Keep those for your own records and be ready to produce them if ...
http://www.investorwords.com/18381/multiple_support_agreement.html
multiple support agreement: An agreement that involves two or more taxpayers who support the same dependent. It allows each taxpayer to be able to claim an exemption for the dependent for the tax return of that tax year. Each taxpayer in the agreement must be responsible for 10% of the dependent's support for the agreement to be effective. The ...
https://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf
as a dependent unless you can do so under a multiple support agreement, the support test for children of divorced or separated parents, or the special rule for kidnapped children. See Multiple Support Agreement, Support Test for Children of Divorced or Separated Parents (or Parents Who Live Apart), or Kidnapped child under Qualifying Relative.
https://apps.irs.gov/app/vita/content/globalmedia/head_of_household_qualifying_person_4012.pdf
5 If you can claim a person as a dependent only because of a multiple support agreement, that person isn’t a qualifying person. See Multiple Support Agreement, in Publication 17, Your Federal Income Tax For Individuals. 6 You are eligible to file as head of household even if your parent, whom you can claim as a dependent, doesn’t live with ...
https://www.law.cornell.edu/cfr/text/26/1.152-3
(1) The member of a group of contributors who claims an individual as a dependent for a taxable year beginning before January 1, 2002, under the multiple support agreement provisions of section 152(c) must attach to the member's income tax return for the year of the deduction a written declaration from each of the other persons who contributed ...
https://www.accountingweb.com/tax/irs/how-the-irs-will-let-taxpayers-share-a-dependent-exemption
Not at all. The exemption remains available, courtesy of an often-missed break known as a multiple support agreement. Under the agreement rules, the exemption goes to one of the members, provided the group passes a three-step test: Someone in the group furnishes over 10 percent of the support. The contributors, as a group, furnish over 50 percent.
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