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H and W are married with two children, ages 3 and 5. Compute the couples deduction for exemptions and the child tax credit for the

H and W are married with two children, ages 3 and 5. Compute the couple’s deduction for exemptions and the child tax credit for the year 2016, assuming they file a joint return and adjusted gross income as follows:

$115,500

$220,000

$350,000

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