Special Needs Child

AAA

DEFINITION of 'Special Needs Child'

Children who have been determined to require special attention and specific necessities that other children do not. The state decides upon this status and offers benefits that follow a special needs child because it is believed the child will not be adopted if assistance is not provided.

INVESTOPEDIA EXPLAINS 'Special Needs Child'

Special needs children typically receive some sort of additional tax credit or deduction for the guardian.

RELATED TERMS
  1. Adoption Credit

    A federal tax credit that may be claimed by federal taxpayers ...
  2. Child Tax Credit

    A credit given to taxpayers for each dependent child that is ...
  3. Kiddie Tax

    A special tax law created in 1986 imposed on individuals under ...
  4. Qualified Adoption Expenses - QAE

    The necessary costs paid to adopt a child younger than 18 years ...
  5. Child And Dependent Care Credit

    A non-refundable tax credit for unreimbursed childcare expenses ...
  6. Working Tax Credit (WTC)

    A tax credit offered to low-income individuals working in the ...
Related Articles
  1. Changes In Tax Legislation And Regulation
    Taxes

    Changes In Tax Legislation And Regulation

  2. Tax Tips For The Individual Investor
    Retirement

    Tax Tips For The Individual Investor

  3. How To Teach Your Child About Investing
    Options & Futures

    How To Teach Your Child About Investing

  4. New Retirement Plan Limits For 2011
    Taxes

    New Retirement Plan Limits For 2011

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center