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Jeremiah and Jonnie Chaulk are married and have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2022. Required: Compute their

Jeremiah and Jonnie Chaulk are married and have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2022.

Required:

  1. Compute their child credit if AGI on their joint return is $99,300.
  2. Compute their child credit if AGI on their joint return is $473,700.
  3. Compute their child credit if AGI on their joint return is $189,000 and assume that they also have one non-child dependent who meets the requirements for the child credit.

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