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Taxpayer is a single taxpayer who claims the standard deduction and has the following three dependents. During 2019, Taxpayer earned salary of $195,000 and interest
Taxpayer is a single taxpayer who claims the standard deduction and has the following three dependents. During 2019, Taxpayer earned salary of $195,000 and interest on corporate bonds of $6,500. Determine the total amount of Child Tax Credit and Credit for Other Dependents to which Taxpayer is entitled for the year.
- Child 1, age 6 at 12/31/19
- Child 2, age 8 at 12/31/19
- Child 3, age 17 at 12/31/19
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