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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 tax credit will Trey be able to claim for his daughters under each of the following alternative situations? UseExhibit 8-8.

rev: 02_29_2020_QC_CS-202942

a.His AGI is $104,100.

EXHIBIT 8-3 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold Married filing jointly $400,000 Married filing separately 200.000 Head of household and single 200.000 Source: $24(a)