A bill to amend the Internal Revenue Code of 1954 to provide that child insurance benefits under the Social Security Act and certain veterans' benefits will not be taken into account in determining whether an individual is a dependent of another person.

Amends the Internal Revenue Code to provide that children's survivor benefits from the Veterans' Administration and children's insurance benefits under the Social Security Act shall be disregarded when determining whether a child receives a sufficient percentage of his support from the taxpayer to qualify as a dependent.