Question
Sophia is a single mom with a 17-year-old daughter whom she claims as a dependent on her tax return.Sophia's AGI is $35,000, and her tax
Sophia is a single mom with a 17-year-old daughter whom she claims as a dependent on her tax return.Sophia's AGI is $35,000, and her tax liability is $1,724.She has no other nonrefundable credits.What is the amount of her child tax credit/credit for other dependents?
Select one:
a.$0This answer is incorrect.Sophia is eligible for the CTC/ODC.
b.$1,771
c.$2,000
d.$500
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
