"Definition of a ""Qualifying Child"" - Tax Deductions"

One of the tax breaks offered by the Internal Revenue Service to its taxpayers is the child tax deduction through the child tax credit. Parents can get up to a $1000 worth of tax deduction for every eligible child. If you have a child under your care, you may claim for the said tax incentive provided that your child meets the set of qualifications established by the IRS.

Who is the Qualifying Child

Before you begin to claim the child tax deduction under the child tax credit, examine first whether your child or dependent's qualifications comply with the following requirements:

  • The child must be a citizen or legal resident of the United States
  • The child must be your biological or legally adopted child, stepchild, sister, brother, or any relative/descendant  that falls into the category
  • The child must have been unable to support himself more than half of his financial needs on the taxable year
  • The child must be under 17 years of age at the end of the year before you file your annual income tax return
  • The child should have lived with you on the specified tax year, for more than 6 months

If your child or children meet the above-mentioned qualifications, claiming the tax credit will be fast and easy.