Assignment 9 Computing Credits

Michael and Diana are married and have three children, Amara, Bryan, and Skyla, ages 16, 14, and 8 respectively. They live at 120 Main Street, Flushing NY 11425. Michael is a teacher working for BMCCs Business department. Diana works part-time for Creation, a genetic research lab. During 2019, Michael and Diana earned $52,000 in wages and $500 in interest income. Assume for 2019, Michael and Diana are filing a joint return and all their children are qualified dependents.

Instructions: Compute if any, the amount of Child Tax Credit and EIC they can claim.