3516993
You'll need to sign in or create an account to connect with an expert.
No.
The full child tax credit of $2,000 is only for qualified children under the age of 17.
Please read this TurboTax article for more information.
Q. Doesn't a child under 24 who is a full time student living at home qualify for the full child tax credit?
A. No. It's a common misunderstanding of the rules. It just means the child can still be a dependent, no matter how much money he makes. He qualifies for the $500 "Other dependent credit", instead. The child tax credit stops at age 17.
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
IDK68
New Member
tonyalvarado714
New Member
jaemyounkim
New Member
isaacpulido226
New Member
lmosta
New Member