Multiple Choice
Which of the following statements regarding the child tax credit is false?
A) The child for whom the credit is claimed must be under the age of 15 at the end of the year.
B) The credit is subject to phase-out based on the taxpayer's AGI.
C) The full credit for a child who qualifies is $2,000.
D) The child for whom the full credit is claimed must meet the definition of a qualifying child.
Correct Answer:
Verified
Correct Answer:
Verified
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