The Bros are a loosely affiliated collective of super secret ninja assassins who prey upon BMC drinkers and elderly clowns. #8 LaneMeyer, Mar 9, 2012 Paul68 likes this.
You may not qualify for a full standard deduction if your parents can claim you as a dependent on their return. In that case, your standard deduction is limited to the greater of $1,000 or your earned income for the year plus $350, but not more than the regular standard deduction amount.
Since both parents above can legally claim their children on taxes due to the joint custody agreement, the parent who is waiving his right to claim the children for the year will need to sign form 8332, or similar statement, releasing the exemption to the filing parent.