To Qualify as a Qualifying Child, an Individual Must Meet

question 16

True/False

To qualify as a qualifying child, an individual must meet five tests. These are the age test; the non-support test; the principal residence test; relationship test; and the citizen or residency test.

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Definitions:

Domestic Production

The total value of all goods and services produced within a country's borders.

World Price

The price of a good or service on the international market, dictated by the global balance of supply and demand.

Tariff

A tax imposed by a government on imported or exported goods.

Baseballs

Spherical balls used in the game of baseball, made of cork, rubber, yarn, and leather.