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Compute their child credit

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Question - Mr. and Mrs. Chaulk have three dependent children, ages 3, 6, and 9. Assume the taxable year is 2020.

1. Compute their child credit if AGI on their joint return is $97,300.

2. Compute their child credit if AGI on their joint return is $471,700.

3. Compute their child credit if AGI on their joint return is $191,000 and assume that they have one non-child dependent who meets the requirements for the child credit.

Reference no: EM132620918

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