What are differences in the definition of Qualifying Child between the CTC and EIC?
There are both similarities and differences between the CTC and Earned Income Credit (EIC) with regard to the definition of “qualifying child.” Here is a summary: • The CTC and EIC are similar in what constitutes the type of relationship you need to have with a person in order for him or her to be your qualifying child. • The CTC requires that a child be under the age of 17. For the EIC, a “qualifying child” may be under age 24 and a full-time student; or any age and have a permanent disability. • The CTC requires that you are able to list the child as your dependent on your tax return. This is not a requirement for the EIC. • The EIC requires that you live with the individual for at least 6 months during the year in which you are claiming him or her as a “qualifying child” on your tax return. The CTC does not have this requirement (except in the case of an “eligible foster child”). However, if someone lives with you in your household, this can be an important consideration in being ab
