Unified definition

[Black Bart]

of a qualifying child for EIC, CTC, HOH, Dependency, etc., etc.: Has anyone heard if IRS is going to change or stay with the same rules for 2006 as they did in 2005 since there was such a controversy about all if it?

[sea-tax]

bb i have not heard either way , however I hope they do something because I had a couple of really pissed off clients when I told them they had to change HOH status or lost certain credits and deductions.

[Gretel]

If I remember right from the IRS tax forum, IRS will keep rules, but issue more guidelines. They also want to get rid of ridiculous situations f.e. where siblings can not be claimed (if not own children) because they are a QC of each other.

[Bees Knees]

The IRS doesn't have a choice. It is Congress that changes the rules.

[Unregistered]

Black Bart

The Treasury Department in their "Blue Book" description of the 2007 Budget has proposed a change in the rules. This would not be effective until taxyear 2007. It appears there will be no change for 2006. I think the following website will take you to a press release - scroll to the bottom & you'll find the link to the actual budget proposal. In the table of contents, you can locate the correct pages that discuss the the proposed changes.

http://www.treasury.gov/press/releases/js4011.htm

New York Enrolled Agent

[jainen]

excellent citation

Thanks for that excellent citation. I'm printing it out so I'll be ready to argue about the revolutionary new concept that your child has to be younger than yourself.