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HAROLD AND MARY HAVE TWO CHILDREN UNDER AGE OF 17, 2017 TAX LIABILITY OF 700.00.ASSUME THAT 15% OF EARNED INCOME ON EXCESS OF 3000 IS

HAROLD AND MARY HAVE TWO CHILDREN UNDER AGE OF 17, 2017 TAX LIABILITY OF 700.00.ASSUME THAT 15% OF EARNED INCOME ON EXCESS OF 3000 IS 3000. HOW MUCH CHILD TAX CREDIT WILL REDUCE THEIR 2017 TAX LIABILITY AND HOW MUCH CAN RECEIVE AS ADDITIONAL CTC REFUND

700 0 ,700 300, 700 1300, 2000 1300

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