Qualifying Child
This individual must meet the following four tests: relationship, residence, age, and support. The same individual can not be a Qualifying Child for more than one taxpayer.
Qualified Dividend
A dividend is any distribution made by a corporation to its shareholders. Dividends paid to you will be classified by the payer as qualified if the amounts meet certain criteria. Qualified dividends are generally paid by a domestic corporation and are taxed at the same lower rates that apply to a net capital gain. The amount of your qualified dividends is shown in Form 1099-DIV, Dividends and Distributions, Box 1b. You should receive this form from the mutual fund or corporation with whom you invested.
Qualifying Relative
If the individual is not a Qualifying Child, they may still qualify the taxpayer for certain tax benefits as a Qualifying Relative. A Qualifying Relative is an individual who meets the following four tests: Qualifying Child, relationship, gross income, and support. Qualifying Relatives include, for example, children who do not meet the Age Test, other relatives (parents, grandparents, uncles, aunts, and in-laws), and unrelated members of the household.
Qualifying Widow(er) with Dependent Child
The filing status you may be eligible to use for two years following the year of death of your spouse. For example, if your spouse died in 2003 and you have not remarried, you may be able to use this filing status for 2004 and 2005. This filing status entitles you to use joint return tax rates and the highest standard deduction amount (if you do not itemize deductions). This status does not entitle you to file a joint return.