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John and Shirley have one twelve year-old child eligible for the Child Tax Credit, file their tax return as married filing jointly and have an

John and Shirley have one twelve year-old child eligible for the Child Tax Credit, file their tax return as married filing jointly and have an AGI that exceeds the threshold at which the credit amount begins to phase out by $10,000. For what Child Tax Credit would they be eligible?

Select one:

a. $0

b. $500

c. $1,500

d. $3,000

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