Deductions & credits

the definition  of a 'qualifying child' for the corona-virus rebates is under the age of 17.   These is the group that are eligible for the $500 to be paid to their parents. 

 

@jaredtx2020 - where specifically did you see that on the IRS website? 

 

here is the text from the CARES act: 

 

‘‘(2) an amount equal to the product of $500 multiplied by the number of qualifying children
(within the meaning of section 24(c)) of the taxpayer.

 

and section 24(c) of the tax code reads: 

 

(c)Qualifying child For purposes of this section—

(1)In general  The term “qualifying child” means a qualifying child of the taxpayer (as defined in section 152(c)) who has not attained age 17.