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Child Tax Credit (LO 7.1) Calculate the total child and other dependent credit for the following taxpayers. Round any division up to the nearest whole
Child Tax Credit (LO 7.1)
Calculate the total child and other dependent credit for the following taxpayers.
Round any division "up" to the nearest whole number.
a. Jeremy is a single (head of household) father with $80,100 of AGI and has a dependent 8-year-old son: $2,000
b. Jerry and Ann have $100,000 of AGI, file jointly, and claim two dependent preschool children: $4,000
c. James and Apple have AGI of $430,300, file jointly, and claim three dependent children (ages 7, 10, and 19): $fill in the blank
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