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Required information The following information applies to the questions displayed below.) Trey has two dependents,...

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Accounting

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Required information The following information applies to the questions displayed below.) Trey 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? Use Exhibit 8-8. b. His AGI is $425,400. Answer is complete but not entirely correct. Amount of child tax credit $ 1230 Required information (The following information applies to the questions displayed below.) Trey 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? Use Exhibit 8-8. c. His AGI is $424,900, and his daughters are ages 10 and 12. Answer is complete but not entirely correct. Amount of child tax credit $ 2,755

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