| FAQ Keyword |
2005 Tax Year |
Keyword: Child Tax Credit
This is archived information that pertains only to the 2005 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
My son was born on December 31st. Can I claim him as a dependent?
If so, will he be also qualified for the Child Tax Credit?
If your child was born alive during the year, and the exemption tests are
met, you may take the full exemption. You may be entitled to a Child Tax Credit
for him. Please refer to Publication 501, Exemptions, Standard Deduction
and Filing Information. Please Refer to the Form 1040 Instructions for information about the Child Tax Credit.
Does the Form 8332 (used to release the exemption to the noncustodial
parent) affect the Child Tax Credit?
Yes. The Child Tax Credit can only be claimed by the parent claiming the
exemption. In this case the noncustodial parent would qualify for the dependency
exemption and therefore the child tax credit. Please refer to the Form 1040 Instructions or the Form 1040A Instructions index
for Child Tax Credit. The referenced pages will explain who qualifies for
this credit, and how to calculate it.
Can you file for the Child Tax Credit and the Child Care Credit,
too?
The Child Tax Credit and the Child and Dependent Care Credit can both be
claimed on the same return. They can be claimed on either Form 1040 (PDF), U.S. Individual Income Tax Return, or Form 1040A (PDF), U.S. Individual Income Tax Return. Please refer to
the Form 1040 Instructions or the Form 1040A Instructions index for the Child Tax Credit. The referenced pages will explain
who qualifies for the Child Tax Credit, and how to calculate it. Publication 503, Child and Dependent Care Expenses, has more information
for the Child Care Credit.
Can I get the Child Tax Credit for a child with an ITIN, not a social
security number?
Yes, with an individual tax identification number (ITIN), you can claim
the Child Tax Credit if you otherwise qualify. The Child Tax Credit can only
be claimed by the parent claiming the child as a dependent.
Please refer to the Form 1040 Instructions or the Form 1040A Instructions index for the Child Tax Credit. The referenced
pages will explain who qualifies for the Child Tax Credit, and how to calculate
it.
My child was born and only lived 40 minutes. Can she be used as
a qualifying child when figuring the earned income credit and the child tax
credit?
If your child was born alive and died during the same year, and the exemption
tests are met, you can take the full exemption. This is true even if the child
lived only for a moment. Whether your child was born alive depends on state
or local law. There must be proof of a live birth shown by an official document
such as a birth certificate. Under these circumstances, if you do not have
a social security number for the child, you may attach a copy of the child's
birth certificate instead and enter "DIED" in column 2
of line 6c of the Form 1040 (PDF) or Form 1040A (PDF).
If you have determined that you are eligible to claim your child's exemption,
you may also be eligible to claim the child tax credit. Please refer to the Form 1040 Instructions or Form 1040A Instructions for
the Child Tax Credit. The referenced pages will explain who qualifies for
this credit and how to calculate it.
The earned income credit generally requires that you provide a valid social
security number for your qualifying child. However, if you meet all the other
requirements to claim this credit and your child was born and died in the
same year, you will not be required to provide a social security number for
that child. Instead, you may enter "DIED" on line 4 of Form 1040, Schedule EIC (PDF), Earned Income Credit,
and attach a copy of the child's birth certificate.
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