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Jim (49) and Linda (50) are married and will file a joint return. They have two children, Todd (20) and Traci (15), who both lived
Jim (49) and Linda (50) are married and will file a joint return. They have two children, Todd (20) and Traci (15), who both lived with their parents all year. Todd has a part-time job, and Traci is still in high school. Jim and Linda provide more than 50% of the support for both children. Jim's wages were $26,500; Linda's wages were $16,805; Todd's gross income was $3,100; Traci's was $0.
Does Jim meet the qualifications for claiming CTC/ACTC or the credit for other dependents:
1. Jim is eligible to claim CTC/ACTC
2. Jim is eligible for claiming credit for other dependents
3. Jim is not eligble for claiming CTC/ACTC or the credit for other dependents
Is Jim eligble for claiming Earned income credit
1. Yes
2. No
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