WebTrey 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? WebTrey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with. 1. Age test One of the major conditions to claim the Child Tax Credit is the "age" of the dependents, The age of the Child the taxpayer is claiming as his or her dependents shall be below the age of 17...
Trey has two dependents, his daughters, ages 14 and - Chegg
WebUnder the alternative situation with an AGI of $109,300, Trey would be able to claim the full child tax credit of $2,000 for each of his dependent daughters. According to the Child Tax Credit worksheet in Exhibit 8-8, the maximum credit of $2,000 can be claimed as long as the AGI is less than $200,000 for married filing jointly. b. Under the ... WebStep-by-step explanation. Since Trey's AGI of $100,000 is less than the phase-out threshold ($400,000) for married filing jointly, Trey has the following tax credit for 2024: Child tax … robotale shield
Check: trey has two dependents, his daughters, ages 14 and 18, at …
WebTrey 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 if his AGI is $100,000? Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with his wife. WebTrey has two dependents, his daughters, ages 14 and 17, ... This year Luke has calculated his gross tax liability at $2,080. Luke is entitled to a $2,820 nonrefundable personal tax … WebJul 6, 2024 · Trey has two dependents, his daughters, ages 14 and 17, at year-end (2024). 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 … robotarmhelix