Tag Archives: CH

Child

Child

Child means:
an individual who is a son, daughter, stepson, or stepdaughter of a taxpayer. See also qualifying person. Former IRC (check if this IRC provision is current here) § 151(c)(3).

Description and Definition of Child

For income tax purposes, your child is your son, stepson, daughter, stepdaughter, legally adopted child, or a child placed with you for adoption by an authorized placement agency. A foster child who lived with you the entire year is also considered your child.

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Charities

Charities

Charitable Conservation Contributions Issue

You may find information about Charitable Conservation Contributions in this Tax Platform of the American Encyclopedia of Law.

Child Credit

Child Credit

Description and Definition of Child Credit

A tax credit you may qualify for if you have children under the age of 17. The credit is $500 per child in 1999. The right to this credit is phased out as adjusted gross income rises over $110,000 on a joint return, $75,000 on an individual return or head of household return and $55,000 if you're married filing separately.

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Charity Pension

Charity Pension

Cooperative and Small Employer Charity Pension Flexibility Act Issue

You may find information about Cooperative and Small Employer Charity Pension Flexibility Act in this Tax Platform of the American Encyclopedia of Law.

Charitable Contribution Deduction

Charitable Contribution Deduction

Description and Definition of Charitable Contribution Deduction

An itemized tax deduction is allowed for donations to qualifying tax exempt organizations. A receipt is required as proof for any single contribution of $250 or more.

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