"Qualifying Child" for Earned Income Credit
In order to be a "qualifying child" for a party for purposes of the Earned Income Credit, a child must be:
-
A son, daughter, adopted child, grandchild, stepchild, or foster child of the party.
-
Under age 19 (or under age 24 if enrolled full time at school, or any age if permanently and totally disabled).
-
Someone who lived in the home of the party for more than six months in the year. (Vacations
and other temporary absences count as time living in the party's home.)
-
Someone who is NOT a qualifying person for another parent or grandparent who has a higher
income than the party does. (For example: If the party's mother lives with the party and the
child, and the party's mother has a higher income than the party, then the party's child
would
not
be a qualifying child for the party.)
Note:
The dependency exemption is an independent issue. As a result, you can give
the dependency exemption to the higher-income spouse and still have the child qualify to
give the lower-income spouse the earned income credit.
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