3)Denise is divorced and files a single tax return claiming her two children, ages 7 and 9, as dependents. Her AGI for 2020 is $81,500. Denise's child tax credit for 2020 is:

a.$0

b.$4,000

c.$1,000

d.$3,000

e.$2,000

4)Curly and Rita are married, file a joint return, and have two dependent children, ages 11 and 13. Their AGI is $417,000. By how much is their child tax credit reduced in 2020?

a.$0

b.$3,150

c.$850

d.$4,000

e.$1,150

5)In 2020, the child tax credit available to married taxpayers filing jointly is phased out, beginning at:

a.$200,000

b.$400,000

c.$406,750

d.$110,000