ANSWERS: 1
  • The earned income credit for each child depends on whether the child meets the criteria. The relationship of the child, the age of the child and the dwelling of the child are the qualifying conditions for the tax credit.

    Definition of Earned Income Credit

    The earned income credit is claimable for specific employed, low-income citizens. The credit may result in a refund and lower income taxes.

    Relationship

    Eligible children for the tax credit are sons, daughters, adopted children, stepchildren, grandchildren, brothers and sisters, half brothers and sisters, stepbrothers and stepsisters, and nieces and nephews. Legally assigned foster children are also eligible children.

    Age

    Eligible children for the tax credit are children under the age of 19 at the conclusion of the year, full-time students under the age of 24 at the conclusion of the year, and completely disabled children of any age.

    Dwelling

    Eligible children must live with the claimant in the United States longer than six months out of the year.

    Figuring the Tax Credit

    There is an Earned Income Credit Worksheet on available tax forms and online. You can find the online link in the References section of this article.

    Source:

    IRS

    Irs.gov - Earned Income Credit Worksheet

    Resource:

    Child Tax Credit

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