Question

What additional requirements must be met by a qualifying child for purposes of the Child Tax Credit?

Answer 1

To qualify for the Child Tax Credit, a child must meet certain requirements such as being under 17 years old, being a U.S. citizen or resident alien, and living with the taxpayer for more than half of the tax year.

Step-by-step explanation:

For a child to qualify for the Child Tax Credit (CTC), they must meet certain additional requirements:

1. The child must be under the age of 17 at the end of the tax year.
2. The child must be a U.S. citizen, U.S. national, or U.S. resident alien.
3. The child must have lived with the taxpayer for more than half of the tax year.
4. The child must be claimed as a dependent on the taxpayer's tax return.
5. The child must not have provided more than half of their own support during the tax year.
6. The taxpayer must have a valid Social Security Number or an Individual Taxpayer Identification Number (ITIN) for themselves, their spouse (if married filing jointly), and the qualifying child.

Meeting these requirements is necessary for a child to be considered a qualifying child for the purposes of the Child Tax Credit.