1- several tax payers want to claim eic for the same 3 year old child. they...

1- several tax payers want to claim eic for the same 3 year old child. they all lived in the same household with the child for the entire year and all had earned income. one is the child's father. one is the child's aunt who provided over half of the child's support, and one is the child's grandmother who is the member of the household who had the highest ago. which taxpayers is able to claim EIC?

Expert Solution

Correction in question: child's grandmother who is the member of the household who had the highest (ago). ago is understood to be AGI (Adjusted Gross Income).

Solution: For any person to have a qualified child they must qualify the relationship test.

Relationship Test: Child must be your Son,Daughter,adopted child,step child,eligible foster child or a descendant of any of them.

There are other tests like age,Residency and joint return test.

Age Test: Since he is a three year old he qualifies age test.

Residency test: Child must have lived in United States for more than half of the year. since the child has lived the whole year in US he qualified Residency Test also.

Joint Return Test: since the details regarding this are not provided I assume him to pass Joint return test.

So he is a qualifying child only for father and his grand mother but not his aunt because the child does not qualify the relationship test with respect to his aunt.

Who can claim EIC if child is qualified child for more than one person?

Only one person can claim EIC for the same child. If the child is a qualifying child for more than one person and one of them is a parent then the non parent can clain EIC for that child only if the non parent AGI(adjusted gross income) is higher than that of parent.

In this case grand mother has the highest AGI than any other. So grand mother of child can claim EIC.

Conclusion: Grandmother of the child can claim EIC.

PS: Please use Thumps Up if you are contented by my solution and presentation.

ekkarill92 answered 2 years ago

1. Taxpayers can claim a child tax credit for a qualifying child. Define qualify child. 2....

1. Taxpayers can claim a child tax credit for a qualifying child. Define qualify child. 2. For purposes of the tax credit for child and dependent care expenses, explain the limitations concerning the amount of qualified expenses that can be used to calculate the credit.

1. Name 3 new tax law changes as it relates to Individual Tax Payers? 2. Name...

1. Name 3 new tax law changes as it relates to Individual Tax Payers? 2. Name 3 new tax law changes as it relates to Corporate Tax Payers? 3. What is the new “Pass thru” tax deduction? Which entities does it apply to? 4. Do you think that by reducing the corporate tax rate it will help or hurt the United States?

Pharmacology Chapter 1 Case Study: Amanda Amanda, a 3-year old child, is brought in to your...

Pharmacology Chapter 1 Case Study: Amanda Amanda, a 3-year old child, is brought in to your walk-in clinic to be treated for strep throat. The physician orders Amoxicillin pediatric oral suspension. You ask the child’s mother if the child has any allergies to antibiotics, and the mother says he does not. You then administer the first dose to the child. Twenty minutes later, the child experiences anaphylactic shock. The physician begins to treat the condition. 1. What was the cause...

1. The parents of a 5-year old child wish to have $250,000 when the child starts...

1. The parents of a 5-year old child wish to have $250,000 when the child starts college at the age of 18. How much should they deposit monthly in an account that pays 4.5% compounded monthly to achieve their goal? 2. A 25-year old saves for retirement by making monthly deposits of $1000 in an account that pays 4.9% compounded monthly. How much would be in the account at retirement age of 65? Please provide answers ASAP. Thanks

1. Cassandra is 19 years old. Her parents claim her as a dependent on their tax...

1. Cassandra is 19 years old. Her parents claim her as a dependent on their tax form, and her earned income this year was $13,000. Does she need to file a tax return? A) Yes, because her income exceeded the limit for not having to file. B) No, because her income was under $13,200. C) Yes, because she is over age 18. D) No, because her parents claim her as a dependent. 2. Your employer offers dental insurance for $590...

Record yourself providing a teaching demonstration to a 3-year-old child newly diagnosed with type 1 diabetes...

Record yourself providing a teaching demonstration to a 3-year-old child newly diagnosed with type 1 diabetes mellitus who will be started on insulin. How will you teach this child to administer their insulin dose? Recording should be no longer than 2 minutes.

How does travel affect a 3-year-old child and he is thin with evidences?

A 3-year-old child is presenting with a general failure to thrive in combination with mild splenomegaly...

A 3-year-old child is presenting with a general failure to thrive in combination with mild splenomegaly and hepatomegaly, as well as peripheral lymphadenopathy. The child has a history of recurrent viral respiratory infections and molluscum contagiosum. At the age of 20 months, he had to undergo surgery to remove a tumor from his bowel. Pathology indicated it was most likely the result of a lymphoproliferative disorder. The patient was found to be positive for Epstein Barr Virus (EBV) using blood...

3) Jane and Ed Rochester are married with a 2-year-old child, who lives with them and...

3) Jane and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. In 2019, Ed and Jane realized the following items of income and expense: Amount Items: $ 35,000 Ed's Salary, $70,000 Jane's Salary , $400 Municipal bond interest income, $1,000 Qualified business income, $8,000 Alimony paid (divorce in 2018) $10,000 Real property tax (from AGI deduction) Their employers withheld $5,800 in federal income taxes from their paychecks. A) What is their...

Case scenario Ahmed is a 3-year-old child who presented to the emergency department with an acute...

Case scenario Ahmed is a 3-year-old child who presented to the emergency department with an acute asthma episode. He is currently having dyspnea, wheezing, palpitations and bouts of productive cough with whitish sputum. He has a history of four episodes of diarrhea related to eating food from outside. He also has abdominal pain and is clenching his fist, crying and closing his eyes tightly. Ahmed’s mom says he is very adamant and behaves aggressively when he is said no to....

Question