Question: Required information Problem 8-70 (LO 8-4) (Static) [The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and

Required information Problem 8-70 (LO 8-4) (Static) [The following information applies

Required information Problem 8-70 (LO 8-4) (Static) [The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters under each of the following alternative situations? Use Exhibit 8-8. Problem 8-70 Part-a (Static) a. His AGI is $100,000. Amount of child tax credit

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