Can I claim family tax credits for my stepchildren or adopted children?
Yes, you may be eligible to claim family tax credits for both stepchildren and adopted children. To qualify, the stepchildren must live with you for at least half of the year, and their biological parent shouldn't make a higher income than you. Similarly, for adopted children, they need to be legally adopted and reside with you for at least half the year. However, only one parent can claim the child tax credit or additional child tax credit for a particular child, so ensure you meet all the criteria necessary. Make sure to gather all the required documentation, such as adoption decrees or court orders, to support your claim. Check with your tax advisor or refer to IRS guidelines for further clarification.
Answered May 3, 2024
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