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Tom and Darla are married and have three children, ages 5, 11, and 18 years old.Their modified AGI is $68,000, and their tax liability on
Tom and Darla are married and have three children, ages 5, 11, and 18 years old.Their modified AGI is $68,000, and their tax liability on Form 1040, line 12a is $4,847.They claim $1,200 of education credits on Schedule 3 (Form 1040), lines 3.What is the amount of their child tax credit/credit for other dependents?
Select one:
a.$3,300This answer is incorrect.$3,300 amount is the total CTC and ODC minus the other nonrefundable tax credits ($4,500 - $1,200 = $3,300).
b.$3,647
c.$4,500
d.$2,800
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