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Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife. What amount of child tax
Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his wife.
What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2021 for his daughters under each of the following alternative situations?
| Filing Status | Phase-out Threshold |
| Married filing jointly | $400,000 |
| Married filing separately | $200,000 |
| Head of household and single | $200,000 |
b. His AGI is $421,300
what is the amount of child tax credit?
c. His AGI is $423,900, and his daughters are ages 10 and 12.
what is the amount of child tax credit?
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