Question
Question 11 : Married TP's filing jointly in 2022. They have five children between the ages of 7 and 16 for whom they may claim
Question 11 : Married TP's filing jointly in 2022. They have five children between the ages of 7 and 16 for whom they may claim the child tax credit. Their AGI was $418.500. What amount of child tax credit may they claim on their tax return?
Question 12 Married TPs with AGI of 5163,000 has a daughter that is in her second year of undergraduate program at UMD. Her tuition statement showed $9,000 of tutition and foes excluding room and meal plans and $6,000 in scholarships. Based on this information, what is the TP's American Opportunity Tax Credit (AOTC)?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
