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A and B Trey has two dependents, his doughters, ages 14 and 18 , at year-end. Trey files a joint return with his spouse. What
A and B Trey has two dependents, his doughters, ages 14 and 18 , at year-end. Trey files a joint return with his spouse. What amount of child tax credit (either as a child or a qualitying dependent) will Trey be able to claim in 2022 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Required: a. His AG1 is $100,200. b. His AGI is $444,000. c. His AGI is $422,500, and his daughters are ages 10 and 12 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. His AGI is $100,200. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. His AGI is $444,000. EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold
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