SWFT Corp Partner Estates Trusts
42nd Edition
ISBN: 9780357161548
Author: Raabe
Publisher: Cengage
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Jeremiah and Jonnie Chaulk are married and have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2023.
Required:
a. Compute their child credit if AGI on their joint return is $90,300.
b. Compute their child credit if AGI on their joint return is $464,700.
c. Compute their child credit if AGI on their joint return is $198,000, and assume that they also have one non-child dependent who
meets the requirements for the child credit.
Complete this question by entering your answers in the tabs below.
Required A Required B
Required C
Compute their child credit if AGI on their joint return is $90,300.
Child Credit
Jeremiah and Jonnie Chaulk are married and have three
dependent children, ages 3, 6, and 9. Assume the taxable
year is 2022.
Required:
1. Compute their child credit if AGI on their joint return
is $99,300.
2. Compute their child credit if AGI on their joint return
is $473,700.
3. Compute their child credit if AGI on their joint return
is $189,000 and assume that they also have one non-
child dependent who meets the requirements for the
child credit.
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