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5 Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his spouse. Their AGI is
5 Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his spouse. Their AGI is $422,500 What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2022 for his daughters? Use Exhibit 8-8 34 Complete this question by entering your answers in the tabs below. Required Amount of child tax credit Required EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Married filing jointly Married filing separately Phase-Out Threshold $400,000 200,000 Head of household and single 200,000
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