what amount of child tax credit can they claim?

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter12: Tax Credits And Payments
Section: Chapter Questions
Problem 15CE
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Presley and Jake are married filing joint taxpayers. They have twin sons, ages 7. If their AGI is $416,950, what amount of child tax credit can they claim?
Multiple Choice
$0.
О
О
$850,
$3,150.
О
$4,000.
Transcribed Image Text:Presley and Jake are married filing joint taxpayers. They have twin sons, ages 7. If their AGI is $416,950, what amount of child tax credit can they claim? Multiple Choice $0. О О $850, $3,150. О $4,000.
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