Question

Matt and Heather are not sure if they qualify to claim the child tax credit. Which of the following would prevent their dependent from being considered a qualifying child for purposes of the child tax credit in tax year 2022?

1) The dependent is over 17 years old
2) The dependent does not have a valid Social Security number
3) The dependent does not live with Matt and Heather for more than half of the year
4) The dependent has a higher income than the allowed limit

Answer 1

The dependent not meeting the requirement of living with Matt and Heather for more than half of the year would prevent them from claiming the child tax credit in tax year 2022.

Step-by-step explanation:

The dependent not meeting the requirement of living with Matt and Heather for more than half of the year would prevent them from claiming the child tax credit in tax year 2022. In order to claim the child tax credit, the dependent must have lived with the taxpayer for more than half of the year. This is an important requirement to determine if the taxpayer has a qualifying child for the purposes of the child tax credit.