Santiago and Amy are married and file a joint tax return, claiming as dependents their three...

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Santiago and Amy are married and file a joint tax return, claiming as dependents their three...

Santiago and Amy are married and file a joint tax return, claiming as dependents their three children, ages 12, 14, and 18. Their AGI is $112,000. Santiago and Amy's child tax credit

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Answer 1

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Child tax credit is $2,000 per child and the age limit is 17 years.

Santiago and Amy's tax credit is $4,000 ($2,000*2)

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