Russ and Linda are married and file a joint tax return claiming their three children, ages 4,

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Russ and Linda are married and file a joint tax return claiming their three children, ages 4, 7, and 18, as dependents. Their adjusted gross income for 2020 is $421,400. What is Russ and Linda’s total child and other dependent tax credit for 2020?
a. $2,000
b. $3,400
c. $3,700
d. $4,500
e. $6,000

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill

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