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EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold 400,000 200,000 200,000 Married filing jointly Married filing separately Head of household and single
EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold 400,000 200,000 200,000 Married filing jointly Married filing separately Head of household and single Check my work 4 Required information [The following information applies to the questions displayed below. Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters under each of the following alternative situations? Use:Exhibit 8-8. Part 1 of 2 4.76 points eBook a. His AGI is $106,900. Hint References Amount of child tax credit b. His AGI is $425,600 Amount of child tax credit
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