- 8 -
is not entitled to any portion of the earned income tax credit.
Respondent’s determination disallowing petitioner’s earned income
tax credit is sustained.
4. Additional Child Tax Credit
The child tax credit is a nonrefundable personal credit.
Section 24(a) authorizes a child tax credit with respect to each
“qualifying child” of the taxpayer. In this context, a
“qualifying child” means an individual with respect to whom the
taxpayer is allowed a deduction under section 151, who has not
attained the age of 17 as of the close of the taxable year, and
who bears a relationship to the taxpayer as prescribed in section
32(c)(3)(B). Sec. 24(c)(1). If the child tax credit exceeds the
taxpayer’s Federal income tax liability for the taxable year, a
portion of the child tax credit may be refundable as an
“additional child tax credit” under section 24(d)(1).
We have already held that petitioner is not allowed a
deduction with respect to AC and IC as dependents under section
151. Because IC and AC are not qualifying children, petitioner
does not qualify for the child tax credit or the additional child
tax credit.
To reflect the foregoing,
Decision will be entered
for respondent.
Page: Previous 1 2 3 4 5 6 7 8 9
Last modified: May 25, 2011