Qualifying Child or Relative?

Is Hank considered a qualifying child or a qualifying relative?

Based on the information provided, what is Hank's classification?

a. Qualifying child

b. Qualifying relative

Answer:

Thus, the answer is: a. Qualifying child.

Explanation: Based on the data given, Harold and Helen provide 80% of Hank's support, indicating that Hank is a qualifying child. To be considered a qualifying child, the child must meet specific criteria encompassing relationship, age, residency, support, and income requirements. In this case, Hank meets all the necessary criteria as he is the child of Harold and Helen, under the age of 19, lives with them for more than half the year, and receives more than half of his support from them.

Therefore, Hank is classified as a qualifying child according to the provided information.