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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 spouse.

What amount of child tax credit $($either as a child or a qualifying dependent$)$ will Trey be able to claim in $2023$ for his daughters under each of the following alternative situations? Use Exhibit $8-8.$

c$.$ His AGI is $$420,100,$ and his daughters are ages $10$ and $12.$

Amount of child tax credit

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Required information

$[$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 spouse.

What amount of child tax credit $($either as a child or a qualifying dependent$)$ will Trey be able to claim in $2023$ for his daughters under each of the following alternative situations? Use Exhibit $8-8.$

c$.$ His AGI is $$420,100,$ and his daughters are ages $10$ and $12.$

Amount of child tax credit

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of $40$

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Nasdaq $100+1\mathrm{.}62\%$