Question about the Child Tax Credit?
My daughter was 17 years old in September of 2011. For nine months of 2011, she was 16 years of age. She is currently a high school senior and lives with me full time, and I support her financially full-time. Am I no longer eligible for the child tax credit, or would I be partially eligible for the child tax credit because she was sixteen years old for most of 2011? Any accurate info would be appreciated. Thanks
This paragraph is on the H&R Block website. It states 19 years of age. I guess that's why I am a little confused...
What is a qualifying child?
Having a qualifying child may enable you to claim several tax benefits, such as Head of Household filing status, the exemption for a dependent, the Child Tax Credit, the Child and Dependent Care Credit, and the Earned Income Credit. A child is considered to be a qualifying child if the child meets all of the following conditions:
* Relationship — The child must be your child or stepchild (whether by blood or adoption), foster child, sibling or stepsibling, or a descendant of one of these.
* Residence — The child must live with you for more than half the tax year. Some exceptions apply for children of divorced or separated parents, kidnapped children, temporary absences, and for children who were born or died during the year.
* Age — The child must be younger than 19 at the end of the tax year, or younger than 24 if a full-time