Question: Can I get the answer Problem 8-70 (LO 8-4) (Algo) Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a
Can I get the answer
Problem 8-70 (LO 8-4) (Algo)
Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife.
What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8.
Problem 8-70 Part-b (Algo)
b. His AGI is $422,100.
Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife.
What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8.
Problem 8-70 Part-c (Algo)
c. His AGI is $425,600, and his daughters are ages 10 and 12.
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