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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: Compute their child credit if AGI on their joint return is $102,300. Compute their child credit if AGI on their joint return is $476,700. Compute their child credit if AGI on their joint return is $186,000 and assume that they also have one non-child dependent who meets the requirements for the child credit.
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