child tax credit, age 17 cutoff
I was just wondering if anyone knew the logic behind cutting off the child tax credit at age 17, thereby making any child ineligible if they turned 17 at any point in time during that year. Why 17? Why not 18, or why not "the year of high school graduation". My 17 year old is in 11th grade, and my husband about blew a gasket when he found out that we only would receive the tax credit for our 7 year old for 2005. I know they had to pick a cutoff age, but 17 just seems to be a strange age.