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Income Tax Credits (LO. 6) Neville and Julie are married and have two children ages 19 and 14. Their adjusted gross income for the year

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Income Tax Credits (LO. 6) Neville and Julie are married and have two children ages 19 and 14. Their adjusted gross income for the year is $81,400. Round all calculations (including all fractions) up to the next whole number. a. Neville and Julie can claim $ as a child credit. b. They can claim $ for the child credit if their children are ages 16 and 13. C. Assume the same facts as part a except that their adjusted gross income is $422,600. Neville and Julie are allowed a child credit of $ Their child credit is reduced by $ due to their adjusted gross income

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