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The second issue for decision is whether petitioner is
entitled to four child tax credits for taxable year 1998.
Subject to limitations and exceptions not applicable here, a
$400 credit is allowed to a taxpayer for each qualifying child of
the taxpayer. Sec. 24(a). Among other requirements, a
qualifying child is one for whom the taxpayer is entitled to a
dependency exemption deduction under section 151. Sec.
24(c)(1)(A). Because petitioner is not entitled to the
dependency exemption deductions for his children, he also is not
entitled to the child tax credits for them.
Reviewed and adopted as the report of the Small Tax Case
Division.
To reflect the foregoing,
Decision will be entered
for respondent.
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Last modified: May 25, 2011