- 7 - defines a “head of household” as an unmarried individual who maintains as her home a household that for more than one-half of the taxable year constitutes the principal place of abode of a person who is a dependent of the taxpayer, if the taxpayer is entitled to a deduction for the taxable year for that dependent under section 151. Respondent determined that petitioner is not entitled to section 151 dependency exemption deductions for Eric and Cassandra in 1999. The Court has sustained respondent’s determination regarding the section 151 deductions. That holding is dispositive of this issue, and, as a result, the Court sustains respondent’s determination that petitioner is not entitled to claim head of household filing status for 1999. 4. Child Tax Credit For the taxable year 1999, taxpayers are allowed to claim a tax credit of $500 for each qualifying child. Sec. 24(a). The plain language of section 24 establishes a three-pronged test to determine whether a taxpayer has a qualifying child. If one of the qualifications is not met, the claimed child tax credit must be disallowed. The first element of the three-pronged test requires that a taxpayer must have been allowed a deduction for that child under section 151. Sec. 24(c)(1)(A). As stated supra, the Court has sustained respondent’s determination that petitioner is not entitled to dependency exemption deductions for the children. Thus, petitioner failsPage: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011