In article
<d6d290ea-6493-4194-b52a-b63b003b1a1b[at]h11g2000prf.googlegroups.com> ,
Sybil <SybilEtc[at]gmail.com> wrote:

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Look at it this way, the year that ends when they are 17 is the LAST
year that they will not be adults. At the end of next year they have
been adults (for at least part of the year) so they don't qualify.
There are a lot of rules that depend on your status on the last day of
the year - marriage for one.

--
-Ernie-

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"Sybil" <SybilEtc[at]gmail.com> wrote
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Congress wrote the law.

FYI: The age of majority (do they ever become adults?)varies among the
states, some are at 18, others at a higher age, some at a lower age - for
different adult acts.




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You haven't turned 70 and a half yet.




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Shhhhhhhhhh.................

Don't let the Congress critters hear ya.





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And that may be some of the thought processes that went into the decision of
an age cut-off.




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Probably in the Congressional record (kind of like reading the minutes of
what was said and done). Maybe in some of the footnotes to the law itself,
they sometimes shed light on what the heck they were thinking.






--
Paul A. Thomas, CPA
Athens, Georgia

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"Sybil" wrote:

- quote -

It was added in PL 105-34 (1997). You might find some discussion in the
report or floor debate.

--
Phil Marti
Clarksburg, MD

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Sybil wrote:
- quote -


Can't answer your question as to the intent of Congress when it made the
law, however as recently as 2002, the credit was only $600 instead of
$1,000, so it wasn't quite as big a deal to lose it.

One way to look at it is, by age 17 it is not unreasonable (IMHO) for a
child to start earning a thousand dollars or more from part-time
employment, which most likely will not be taxed. Compare to the
implication of the Child and Dependent Care credit that a 13-year-old
doesn't need a babysitter after school to be home alone. But I do not
pretend to have an inside track to the thinking of Congressional
lawmakers...

It does seem unfortunate that just when the auto insurance bill for many
parents of a driving-age child goes up by a thousand or more dollars per
year, they lose a thousand dollar tax credit.

-Mark Bole

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Just wondering if anyone knows why the child tax credit ends if a
child turns 17. I just wonder who and where came up with this, instead
of 18, since that is when they are "adults". It just seems like an
strange cut off, and if just picking an age out of the air, why 17,
why not 15, or 16 or 10?
Maybe in other places a child generally graduates when they are 17,
but because of the cut off age of kindergarden, when my daughter
started school, she will be 18 most of her senior year, as her two
brothers were, that has changed now, the cutoff date was moved to Dec
of the Kinder year.
Just wondering if anyone knows or knows where I could read about it.
No big deal, just curious.
Sybil

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