IRS Requirements for Claiming a Kidnapped Child

[wolfgang]

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.

http://www.irs.gov/taxtopics/tc357.html

This just gave me a laugh.

[Adoniseppi]

This is actually quite amusing. I feel like they didn't need to write all those guidelines and rules though. They should have just been honest and written, "Look! We have come up with yet another way to take your money!"

[Tanner]

This is actually quite amusing. I feel like they didn't need to write all those guidelines and rules though. They should have just been honest and written, "Look! We have come up with yet another way to take your money!"

You obviously didn't read this properly. You can still claim a dependent (and thus pay less taxes) even if your child has been kidnapped and you're no longer really supporting them. It's like a bonus because not only do you not have to feed the little bugger but you still get his tax break!

[kai]

this just screams tax fraud from hell... or at least whoever would try to pull something like that off would go there.

[乳头的早餐谷物]

Ahahaha. That's great.