IRS requirements for claiming a kidnapped child (house, member, widow) - Music Banter Music Banter

Go Back   Music Banter > Community Center > The Lounge
Register Blogging Today's Posts
Welcome to Music Banter Forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with over 70,000 other registered members. After you create your free account, you will be able to customize many options, you will have the full access to over 1,100,000 posts.

Reply
 
Thread Tools Display Modes
Old 03-23-2009, 08:33 PM   #1 (permalink)
Such That
 
Bane of your existence's Avatar
 
Join Date: May 2007
Location: Austin, Tx
Posts: 1,197
Default IRS requirements for claiming a kidnapped child

Quote:
Topic 357 - Tax Information for Parents of Kidnapped Children

You may claim a kidnapped child as your dependent if the following requirements are met:


The child must be presumed by law enforcement to have been kidnapped by someone who is not a member of your family or a member of the child's family, and
The child had, for the taxable year in which the kidnapping occurred, the same principal place of abode as the taxpayer for more than one-half of the portion of such year before the date of kidnapping.
If both of these requirements are met, the child may meet the requirements for purposes of determining:
The dependency exemption
The child tax credit, and
Head of household or qualifying widow(er) with dependent child filing status.

This tax treatment will cease to apply as of your first tax year beginning after the calendar year in which either there is a determination that the child is dead or the child would have reached age 18, whichever occurs first.
Tax Topics - Topic 357 Tax Information for Parents of Kidnapped Children
Bane of your existence is offline   Reply With Quote
Old 03-23-2009, 08:34 PM   #2 (permalink)
Master, We Perish
 
Surell's Avatar
 
Join Date: Sep 2008
Location: Havin a good time, rollin to the bottom.
Posts: 3,710
Default

Haha, the IRS don't give a damn about your feelings.
__________________
Quote:
Originally Posted by WhateverDude View Post
Laser beams, psychedelic hats, and for some reason kittens. Surrel reminds me of kittens.
^if you wanna know perfection that's it, you dumb shits
Spoiler for guess what:
|i am a heron i ahev a long neck and i pick fish out of the water w/ my beak if you dont repost this comment on 10 other pages i will fly into your kitchen tonight and make a mess of your pots and pans
Surell is offline   Reply With Quote
Old 03-23-2009, 08:37 PM   #3 (permalink)
Such That
 
Bane of your existence's Avatar
 
Join Date: May 2007
Location: Austin, Tx
Posts: 1,197
Default

My question is, What happens when a couple kidnaps someone (think Amy Smart) and then gets separated?
Is there a joint custody thing where they can both claim said dependant? Can the kidnapee choose which kidnapper to go with? Maybe one has a pool you know.
Bane of your existence is offline   Reply With Quote
Old 03-23-2009, 08:40 PM   #4 (permalink)
killedmyraindog
 
TheBig3's Avatar
 
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,172
Default

Quote:
Originally Posted by Bane of your existence View Post
mmmm that sounds terrible lady, look. ya want the ****ing tax credit or don't ya?

these laws were created in Brooklyn clearly.
__________________
I've moved to a new address
TheBig3 is offline   Reply With Quote
Old 03-23-2009, 08:50 PM   #5 (permalink)
Master, We Perish
 
Surell's Avatar
 
Join Date: Sep 2008
Location: Havin a good time, rollin to the bottom.
Posts: 3,710
Default

Quote:
Originally Posted by TheBig3KilledMyRainDog View Post
mmmm that sounds terrible lady, look. ya want the ****ing tax credit or don't ya?

these laws were created in Brooklyn clearly.
True that.

Quote:
Originally Posted by Bane of your existence View Post
My question is, What happens when a couple kidnaps someone (think Amy Smart) and then gets separated?
Is there a joint custody thing where they can both claim said dependant? Can the kidnapee choose which kidnapper to go with? Maybe one has a pool you know.
I'm sure there will be all kinds of loopholes parents will look for. As for this example, I don't think the kid gets to choose because... I dunno, it'd give away the kidnapper.
__________________
Quote:
Originally Posted by WhateverDude View Post
Laser beams, psychedelic hats, and for some reason kittens. Surrel reminds me of kittens.
^if you wanna know perfection that's it, you dumb shits
Spoiler for guess what:
|i am a heron i ahev a long neck and i pick fish out of the water w/ my beak if you dont repost this comment on 10 other pages i will fly into your kitchen tonight and make a mess of your pots and pans
Surell is offline   Reply With Quote
Old 03-23-2009, 11:13 PM   #6 (permalink)
Partying on the inside
 
Freebase Dali's Avatar
 
Join Date: Mar 2009
Posts: 5,584
Default

The tax information is addressed to the PARENTS of a child who is kidnapped.
It's not for the people who did the kidnapping.
You read it wrong.
By "claiming a kidnapped child", it means "your child who has been kidnapped".

If your kid gets kidnapped and a couple months later it's tax time, you can file your kid as a dependent like you normally would.

Why would there be a provision for a kidnapper to file his victim as a dependent on his tax return? If that were the case, we'd all kidnap on a regular basis for the tax benefits. We'd have sacks of spare children just in case one up and died. Or turned 18.
__________________
Freebase Dali is offline   Reply With Quote
Old 03-23-2009, 11:26 PM   #7 (permalink)
Master, We Perish
 
Surell's Avatar
 
Join Date: Sep 2008
Location: Havin a good time, rollin to the bottom.
Posts: 3,710
Default

We knew that. We're talking about if the parent's kidnapped the child, me and Bane there.
__________________
Quote:
Originally Posted by WhateverDude View Post
Laser beams, psychedelic hats, and for some reason kittens. Surrel reminds me of kittens.
^if you wanna know perfection that's it, you dumb shits
Spoiler for guess what:
|i am a heron i ahev a long neck and i pick fish out of the water w/ my beak if you dont repost this comment on 10 other pages i will fly into your kitchen tonight and make a mess of your pots and pans
Surell is offline   Reply With Quote
Old 03-23-2009, 11:34 PM   #8 (permalink)
Partying on the inside
 
Freebase Dali's Avatar
 
Join Date: Mar 2009
Posts: 5,584
Default

Like... if you kidnapped your own kid? I dun get how that works.

Or I could see if a couple got divorced and both shared custody of their kid, then one parent kidnapped the kid and ran away to like, Idaho and started a potato farm... But I dunno who claims the kid as a dependent when there's joint custody...

Ok, now I've just ruined the party.
__________________
Freebase Dali is offline   Reply With Quote
Old 03-24-2009, 12:04 AM   #9 (permalink)
Master, We Perish
 
Surell's Avatar
 
Join Date: Sep 2008
Location: Havin a good time, rollin to the bottom.
Posts: 3,710
Default

It'd just be that they keep their kid from the public and claim him as a dependent. But wouldn't that be the same as keeping the kid without the kidnapping scenario? Or is this extra?
__________________
Quote:
Originally Posted by WhateverDude View Post
Laser beams, psychedelic hats, and for some reason kittens. Surrel reminds me of kittens.
^if you wanna know perfection that's it, you dumb shits
Spoiler for guess what:
|i am a heron i ahev a long neck and i pick fish out of the water w/ my beak if you dont repost this comment on 10 other pages i will fly into your kitchen tonight and make a mess of your pots and pans
Surell is offline   Reply With Quote
Old 03-24-2009, 12:49 AM   #10 (permalink)
Partying on the inside
 
Freebase Dali's Avatar
 
Join Date: Mar 2009
Posts: 5,584
Default

Quote:
Originally Posted by Surell View Post
It'd just be that they keep their kid from the public and claim him as a dependent. But wouldn't that be the same as keeping the kid without the kidnapping scenario? Or is this extra?
Yea I dun think that's considered kidnapping.
That's more in the child abuse territory.

I'm pretty sure that in order for your kidnapping endeavors to be valid in the eyes of the law, you can't be the legal guardian of said child.
__________________
Freebase Dali is offline   Reply With Quote
Reply


Similar Threads



© 2003-2024 Advameg, Inc.