Question
1) Kariman and Nadir are married and file a joint tax return claiming their three children, ages 8, 10 and 12 as dependents. Assuming their
1) Kariman and Nadir are married and file a joint tax return claiming their three children, ages 8, 10 and 12 as dependents. Assuming their AGI for 2019 is $465,000, Kariman and Nadirs child tax credit is:
| A. | $6,000. | |
| B. | Some other amount. | |
| C. | $4,200. | |
| D. | $2,750. | |
| E. | $3,250. |
2) Nora and Mohamed are married and file a joint tax return claiming their two children, ages 3 and 7 as dependents for 2019. Assuming their gross income is $515,000. Nora and Mohamed do not itemize but rather take the standard deduction and do not have any other deductions. What is their child tax credit?
| A. | $4,000. | |
| B. | $1,750. | |
| C. | some other amount. | |
| D. | $5,750. | |
| E. | $0 |
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A Guide To Effective Internal Management System Audits Implementing Internal Audits As A Risk Management Tool
Authors: IT Governance Publishing
1st Edition
1849285594, 978-1849285599
