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#11
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| Ed Zollars, CPA wrote: - quote - > ...
I thought we only referred to our "beloved" constitutional> Why? Because that is what Congress did when they passed the > credit initially, and they've never changed it. If you have > a problem with that, I suggest you call your > Congress-critters (Representative and both Senators) and > complain to them because they are the ones who have to > change it. officers as "congresscritters" in the unmoderated group where "anything goes...?" ;-) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#10
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| - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
I think you are confused (at least I would hope so, Block> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. knows much better). You cannot get the child tax credit for children over the age of 17, however, you can still claim the child. If your youngest turned 17 in 2003, you should have gotten the tax credit for him in 2002 (assuming income phase-outs were not met). Helen, EA in PA Member of The Tax Gang President, PA Society of Enrolled Agents Campaigning for NAEA Board of Directors - Looking for YOUR vote << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#9
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| Juan wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
For a child to qualify the taxpayer for the child tax> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. credit, the child must be UNDER the age of 17 at the end of the tax year. Based on the facts given, all of your children are too old to qualify you for the child tax credit in 2003. Lois << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#8
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| "Juan" <Miller1236[at]comcast.com> wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
You probably could have claimed them as dependents. You need> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. to see someone in your area other than H & R Block for such matters as these. I would suggest you try to find an enrolled agent (EA) or CPA to help you with this. Either of these could save you much more money than they will cost you, if you find the right ones. Not all CPA's charge gigantic fees for tax services. Wayne Brasch, CPA, M. S. Taxation << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#7
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| Juan wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
I'm confused. You should still be able to claim them> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. as dependents, but the child tax credit is only allwed for children under 17. -- This account is subject to a persistent MS Blaster and SWEN attack. I think I've got the problem resolved, but, if you E-mail me and it bounces, a second try might work. However, please reply in newsgroup. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#6
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| Juan wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
Are you confusing the child tax credit with the deduction> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. for exemptions? Look on page two of the 1040, about the fourth line down; should be labeled "Exemptions". What figure appears on it? BTW, the child tax credit is not applicable to any child older than 17, and that includes the year in which the child becomes 17. cheer$, Harlan Lunsford, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| Juan wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
They can still be dependents, but the credit only goes up to> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. age 16 inclusive. A child 17 or over does not lead to the credit. - quote - > From ages 19-24, the child can still be a dependent if a full time student.
The credit and the dependency exemption are two separatethings. You appear entitled only to the latter. If you got neither, then your tax return may have been done incorrectly. Also note: There are two types of education credits that you might be entitled to that you didn't mention having on your return. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| Juan wrote: - quote - > So now we are not getting any Child tax credit since they
We need to watch the facts here. Did H & R Block truly> didn't allow us to claim any of them this year. remove them as dependents? Or, rather, did they simply not claim the child credit on them? If the former, you may have an issue here since, if you paid over one half of their support you likely could claim them as a dependent (subject to the phase out of the dependency exemption). However, even if they are a dependent, that *doesn't* mean they will qualify for the child credit. That does cut off at age 17, period. Why? Because that is what Congress did when they passed the credit initially, and they've never changed it. If you have a problem with that, I suggest you call your Congress-critters (Representative and both Senators) and complain to them because they are the ones who have to change it. So even if Block "fouled up" and removed the dependency exemption when they shouldn't have, fixing that wouldn't get you a child credit. -- Ed Zollars, CPA Phoenix, Arizona << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| "Juan" <Miller1236[at]comcast.com> writes: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
I think you're confusing dependents with the child tax> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? credit. There are different rules. The child tax credit applies only to childrent who are under 17 at the end of the tax year. Thus, only your youngest qualified in 2002, and none qualifies in 2003. As for dependency, it's not impossible, but it's highly unlikely that a 17 year old living with his still married parents wouldn't qualify as a dependent. Double check your returns after looking at the dependency tests in IRS Publication 501. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| "Juan" <Miller1236[at]comcast.com> wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
I think you are confused about the child dependency> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. exemption and the Child Tax Credit. There are five tests you must pass to claim ANYONE as your dependent, including providing more than 50% of their support. In addition, if they are under age 19, or a full time student under age 24, they can earn more than $3,050 in the year. See IRS Pub 501 for all the tests and explanations of each. The Child Tax Credit requires that the child be your dependent, and be under age 17 at the end of this year. If they turn 17 in 2003, they do not qualify for the Credit. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| "Juan" <Miller1236[at]comcast.com> writes: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
You may claim them as exemptions until age 24 as long as> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? Please inform. they are full time students and you provide more than 1/2 their support. The year in which you child/ren turn 17 is when you lose the child tax credit. I would guess you are still claiming the children but that you are no longer elibible for the child tax credit. "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!= ![]() << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Juan <Miller1236[at]comcast.com> wrote: - quote - > We have 4 children ages 20 - 17. H& R Block has not allowed
There are two separate issues:> us to claim our children as dependent once they turned 17. > So now we are not getting any Child tax credit since they > didn't allow us to claim any of them this year. Which > doesn't make sense since our youngest just turned 17 this > year. At this time 3 of our children are full time > students, Aren't we allowed to claim them ? Can we be > reimbursed? One is being able to claim the children as your personal exemptions. If they qualify as your personal exemptions, by all means, claim them on Form 1040 Line 6. The second issue is the child tax credit. A child who has reached age 17 by December 31 is no longer eligible for the child tax credit. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| We have 4 children ages 20 - 17. H& R Block has not allowed us to claim our children as dependent once they turned 17. So now we are not getting any Child tax credit since they didn't allow us to claim any of them this year. Which doesn't make sense since our youngest just turned 17 this year. At this time 3 of our children are full time students, Aren't we allowed to claim them ? Can we be reimbursed? Please inform. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| child, credit, tax |
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