Final answer:
The statement that children can only be claimed as a dependent if they satisfy the qualifying child definition is true. Various requirements must be met, including age, residence, and relationship to the filer. Additionally, consent for children must be provided by parents or guardians as children are not considered competent to give consent.
Step-by-step explanation:
When determining whether children may only be claimed as a dependent based on the qualifying child definition, the statement is true. For tax purposes, several criteria must be met for a child to be classified as a qualifying child. These criteria typically include the relationship to the filer, the child's age, residency, support, and filing status.
Ever since children have been considered, not just from a biological perspective but also in a sociological sense, the concept of family has evolved considerably. The understanding of formal family structures is not merely confined to living arrangements or genetic relationships but encompasses also economic and caregiving responsibilities.
Moreover, while children can be represented by their parents or guardians who possess the legal authority to provide consent on behalf of their children, they themselves are generally not considered competent to provide such consent owing to their age and maturity levels. This principle is important in legal, health, and social contexts.