Question
Jose and Jane are taxpayers with children ages 10,3, and 19 and they all have valied social security numbers. Thier AGI is $115,300 and they
Jose and Jane are taxpayers with children ages 10,3, and 19 and they all have valied social security numbers. Thier AGI is $115,300 and they file jointly. What is thier Child Tax credit, assuming all of thier children are qualifying children?
$_____________
Jill and Jack ( MFJ ) have two dependent children and have AGI of $81,000. Tom is enrolled Gallaudet University, full time and is a junior. His tution fees are total $12,500. ( Tom does not have scholarship therefore Jill and Jack paid all the tution and fees ). Mary enrolled full time in Maryland UNiversity as a graduate students studying American Sign Language and Flim. Her tuition and fees totaled $16,000. She has a scholarship of $9,000. Jill and Jack paid the balance of $7,000. Neither child has felony drug convictions. What amounts may Jill and Jack claim as Education credit in Thier 2017 tax return
$______________
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