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a. His AGI is $107,600. b. His AGI is $426,900. c. His AGI is $429,800, and his daughters are ages 10 and 12. Required information
a. His AGI is $107,600.
b. His AGI is $426,900.
c. His AGI is $429,800, and his daughters are ages 10 and 12.
Required information (The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8Step by Step Solution
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