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Bob and Carol file their tax returns using the married filing jointly status. Their AGI...

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Question

Accounting

Bob and Carol file their tax returns using the married filing jointly status. Their AGI is $132,500. They have two children, ages 11 and 7. How much child tax credit can Bob and Carol claim for their two children?

$875

$0

$850

$1,150

None of these choices are correct.

Answer & Explanation Solved by verified expert
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