Question: Paul and Olivia filed a joint tax return and reported modified AGI of $92,000. They have two qualifying children for the purposes of the child

Paul and Olivia filed a joint tax return and reported modified AGI of $92,000. They have two qualifying children for the purposes of the child tax credit. What is the amount of their child tax credit? What is the amount of their credit if their modified AGI was $112,000?

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With a modified AGI of 92000 Paul and Olivia are entitled to a 1000 tax ... View full answer

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