Evette and Harry have three children (Mary, Rex, and Ted), one foster child (Ann), and a niece (Betty) who lives with them. Mary is 20 and is a full-time student at Canisius College. Rex is 17 and is a senior in high school. Ted is 15 an is a sophomore in high school. Ann, their foster child, was placed with them 10 months ago by the agency. She is 13 and in middle school. Betty, 16, lives with Evette and Harry full time and has for the full year. All children are U.S. citizens. Evette makes $300,000. Harry makes $155,000. How much of their child and dependent tax credit is refundable using the basic rules?

Evette and Harry have three children (Mary, Rex, and Ted), one foster child (Ann), and a niece (Betty) who lives with them. Mary is 20 and is a full-time student at Canisius College. Rex is 17 and is a senior in high school. Ted is 15 an is a sophomore in high school. Ann, their foster child, was placed with them 10 months ago by the agency. She is 13 and in middle school. Betty, 16, lives with Evette and Harry full time and has for the full year. All children are U.S. citizens. Evette makes $300,000. Harry makes $155,000. How much of their child and dependent tax credit is refundable using the basic rules