Which of these statements regarding the child tax credit is NOT correct? A) A qualifying child includes a child or a descendant of a child, a stepchild, or an eligible foster child. B) The maximum credit is $1,000 per qualifying child for 2024. C) The phaseout thresholds are $200,000 (S) and $400,000 (MFJ). D) A qualifying child is generally defined as an individual under the age of 17 (as of the close of the calendar year) for whom the taxpayer may claim a dependency exemption