Required information

$[$The following information applles 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 $2024$ for his daughters under each of the following alternative situations? Use Exhibit $8-8.$

a$.$ HIs AGI is $\backslash (\backslash$$ $107,300\backslash ).$

EXHIBIT $8-8$ Child Tax Credit Phase$-$Out Threshold

Source: $24($a$).$

b$.$ HIs AGI is $\backslash (\backslash$$ $440,000\backslash ).$

Amount of child tax credit

c$.$ His AGI is $\backslash (\backslash$$ $440,100\backslash ),$ and his daughters are ages $10$ and $12.$

Required information

$[$The following information applles 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 $2024$ for his daughters under each of the following alternative situations? Use Exhibit $8-8.$

a$.$ HIs AGI is $\backslash (\backslash$$ $107,300\backslash ).$

EXHIBIT $8-8$ Child Tax Credit Phase$-$Out Threshold

Source: $24($a$).$

b$.$ HIs AGI is $\backslash (\backslash$$ $440,000\backslash ).$

Amount of child tax credit

c$.$ His AGI is $\backslash (\backslash$$ $440,100\backslash ),$ and his daughters are ages $10$ and $12.$