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Sophia and Kevin have three children, ages 14, 15, and 16. They all live with Sophias father (72 years old). Sophia and Kevin claim the
Sophia and Kevin have three children, ages 14, 15, and 16. They all live with Sophias father (72 years old). Sophia and Kevin claim the exemptions for all three children and Sophias father. Their 2020 AGI is $91,500, and their tax liability is $7,612. What is the amount of their Child Tax Credit CTC and credit for other dependents ODC (if applicable)?
A. $2,000 B. $6,500 C. $7,612 D. $6,000
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