Question: Problem 8 - 7 0 ( LO 8 - 4 ) ( Algo ) [ The following information applies to the questions displayed below. ]
Problem LO Algo
The following information applies to the questions displayed below.
Trey has two dependents, his daughters, ages and at yearend. Trey files a joint return with his spouse.
What amount of child tax credit either as a child or a qualifying dependent will Trey be able to claim in for his
daughters under each of the following alternative situations? Use Exhibit
c His AGI is $ and his daughters are ages and
Answer is complete but not entirely correct.
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