26 C.F.R. § 1.24-1. - § 1.24-1 Partial Credit Allowed for Certain Other Dependents.

Current as of January 1, 1970

Section 1.24-1 - § 1.24-1 Partial Credit Allowed for Certain Other Dependents.Section 1.24-1 - § 1.24-1 Partial Credit Allowed for Certain Other Dependents.

Section 1.21-4 - § 1.21-4 Payments to Certain Related Individuals.Section 1.25-1T - § 1.25-1t Credit for Interest Paid on Certain Home Mortgages (temporary).

§ 1.24-1 Partial credit allowed for certain other dependents.

(a) In general. For purposes of section 24(h)(4)(A), a taxpayer may be eligible to increase the credit determined under section 24(a) by $500 for a dependent of the taxpayer, as defined in section 152, other than a qualifying child described in section 24(c).

(b) Applicability date. This section applies to taxable years beginning on or after October 13, 2020.

[T.D. 9913, 85 FR 64385, Oct. 13, 2020]

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