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Trey claims a dependency exemption for both of his daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife. What
Trey claims a dependency exemption for both of 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?
a. His AGI is $103,100.
b. His AGI is $120,200.
c. His AGI is $125,500, and his daughters are ages 10 and 12.
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