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?

A.) His AGI is $103,300.

B.) His AGI is $426,200.

C.) His AGI is $428,900, and his daughters are ages 10 and 12.

EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold Married filing jointly Married filing separately Head of household and single $400,000 200,000 200,000