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Problem 14-26 (Static) (LO 14-7] (Updated for ARPA) Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year
Problem 14-26 (Static) (LO 14-7] (Updated for ARPA) Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2021. Required: a. Compute their child credit if AGI on their joint return is $88,300. b. Compute their child credit if AGI on their joint return is $462,700. C. Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute their child credit if AGI on their joint return is $88,300. Child credit Required B Problem 14-26 (Static) (LO 14-7] (Updated for ARPA) Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2021. Required: a. Compute their child credit if AGI on their joint return is $88,300. b. Compute their child credit if AGI on their joint return is $462,700. c. Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute their child credit if AGI on their joint return is $462,700. (Round your intermediate calculations to the nearest whole number.) Child credit Problem 14-26 (Static) (LO 14-7] (Updated for ARPA) Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2021. Required: a. Compute their child credit if AGI on their joint return is $88,300. b. Compute their child credit if AGI on their joint return is $462,700. c. Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit. Complete this question by entering your answers in the tabs below. Required A Required B Requires C 5 Compute their child credit if AGI on their joint return is $200,000 and assume that they also have one non-child dependent who meets the requirements for the child credit. Child credit
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