2007-02-02 03:24:34 · 6 answers · asked by bumbi_1999 1 in Business & Finance ➔ Taxes ➔ United States
If he is living with you and you are not charging him room and board yes. You can actually claim your children until the age of 24, if there home address is yours and they are attending college.
2007-02-02 03:27:36 · answer #1 · answered by raindog312 3 · 0⤊ 3⤋
You cannot claim the Child Tax if the child(ren) were over the age of 17 before December 31. You can however claim that person as a dependent on your taxes if they are 19 and under. If they are a student, then you can claim them as a dependent up until the age of 24.Either way, the child could not have provided over half of his own support. If you have a disabled child, there is no age limit for the dependent claim. This is different than the Child Tax age restriction mentioned in the first sentence.
2007-02-02 11:45:01 · answer #2 · answered by msthanglila 3 · 1⤊ 1⤋
No, for your 2006 tax return, the child must be under age 17 on December 31, 2006, to claim the child credit. I am losing this credit on my son this year, too, as he turned 17 during 2006.
(I assume you are talking about the child credit; you probably are still entitled to a dependency exemption.)
Below is a link to more information at the IRS about the child credit.
2007-02-02 11:30:19 · answer #3 · answered by Take Responsibility 2 · 1⤊ 0⤋
If your son turned 17 during the tax year of 2006 he does not qualify for the child tax credit.
The child cannot be over the age of 16 or reached the age of 17 during the tax year
1-800-829-1040
2007-02-02 11:32:18 · answer #4 · answered by Rob 7 · 1⤊ 0⤋
You will possibly be eligible for an Earned Income Credit, but if your son turned 17 in 2006, you are no longer eligible for Child Tax Credit.
www.irs.gov, "individual", forms and publications, pub 17
good luck & blessing
2007-02-02 11:30:36 · answer #5 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 1⤋
no, a child has to be under the age of 17 to be eligible for the child tax credit
2007-02-02 11:30:23 · answer #6 · answered by tma 6 · 1⤊ 1⤋