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Required information Skip to question [The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 18, at

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[The following information applies to the questions displayed below.]

Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife.

What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations? Use Exhibit 8-8.

a. His AGI is $107,300.

b. His AGI is $420,500.

c. His AGI is $421,100, and his daughters are ages 10 and 12.

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