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[The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 17, at year- end. Trey files a

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[The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 17, at year- end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters under each of the following alternative situations? Use Exhibit 8-8. His AGI is $421,300. Amount of child tax credit [The following information applies to the questions displayed below.] Trey has two dependents, his daughters, ages 14 and 17, at year- end. Trey files a joint return with his wife. What amount of child credit will Trey be able to claim for his daughters under each of the following alternative situations? Use Exhibit 8-8. His AGI is $423,900, and his daughters are ages 10 and 12. Amount of child tax credit $

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