Question 1:

Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his spouse. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2022 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Required: a. His AGI is $104,000. b. His AGI is $442,000. c. His AGI is $422,300, and his daughters are ages 10 and 12 . Complete this question b What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2022 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Required: a. His AGI is $104,000. b. His AGI is $442,000. c. His AGI is $422,300, and his daughters are ages 10 and 12. Complete this question b His AGI is $442,000. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2022 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Required: a. His AGI is $104,000. b. His AGI is $442,000. c. His AGI is $422,300, and his daughters are ages 10 and 12 . Complete this question b His AGI is $422,300, and his