Question: federal tax 2021 answer 2995 or 3000 its wrong can you help Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey

federal tax 2021

answer 2995 or 3000 its wrong can you help

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. c. His AGI is $420,100, and his daughters are ages 10 and 12. Amount of child tax credit EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold Married filing jointly $400,000 Married filing separately 200,000 Head of household and single 200,000

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