Question

Is this child a qualifying child?

Bobby has one child, Samantha Chapman, who is 24 and a full-time student at the University of Georgia. She lives in the dorm except during the summer when she lives at home. Bobby provides more than half of Samantha’s support. Samantha has a job as a research assistant where she made $15,500 during 2019 which has put in a savings account.

Answer 1

Ans : A qualifying child is a child who meets the six IRS requirements to be a dependent for tax purposes. The qualifying child may enable the taxpayer to take advantage of several tax benefits. Such as child care credit, child tax credit , earned income credit .

According to IRS requirements on Dec 31 a child must be under the age of 24 if the child is a full time student or Regardless of age if the child is permanently or totally disabled.

The child must have lived with the taxpayer for more than six months of the tax year. Exceptions are made the children of separated or divorced parents. If a child was born or died during the year they are considered to have lived with taxpayer the entire year.

In this case Bobby has one child Samantha who is 24 and a full time student at the university of Georgia and only during the summer she lives at home. She doesn't fulfill the all six requirements of IRS. So, she is not a qualifying child.