Essay
Calculate the total child tax credit and other dependent credit for the following taxpayers. Please show your work.
a. Ninfa is a single mother with 8-year-old and 9-year-old dependent sons and has $50,000 of AGI.
b. Sharon and Mark have one dependent 2-year-old child and $426,300 of AGI.
c. Carol is single and has one dependent 18-year-old son and $21,000 of AGI.
Correct Answer:

Verified
a. $4,000. Ninfa's income is less than t...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q27: Clark, a widower, maintains a household for
Q28: All taxpayers are required to have minimum
Q29: Jessica and Robert have two young children.
Q30: What would generally reduce income taxes more:
Q31: Steve goes to Tri-State University and pays
Q33: What is the maximum investment income a
Q34: A tax credit is allowed for qualified
Q35: Hal is enrolled for one class at
Q36: The earned income credit:<br>A)Must be calculated on
Q37: Vicky is a single, 21-year-old, full-time student