EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold Married filing jointly $400,000 Married filing separately 200.000 Head of household and single 200.000 Trey files a joint return with his wife. They have two dependents, his daughters, ages 14 and 18, at year-end. Their AGI is $424,800. What amount of child tax credit will they be able to claim in 2021? Use Exhibit 8-8 Amount of child tax credit