@ellistonj wrote:
I understand the 6 month, however, I also found this:
Source: https://www.irs.gov/publications/p17#en_US_2020_publink10008407
Note the "exceptions" section posted in Red. It would seem to me this indicates that 5 months in one home for an 8 month old (at the end of the year) qualifies the child for the residency portion of the CTC.
That is true for a child born in 2020. A child born anytime in 2020 (even Dec 31) is deemed to have lived with you the entire year. In the case of a new born that lived in two homes. it is the one that they lived in the longest after birth.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
