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Determine the total amount of child tax credit

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Question - Taxpayer and Spouse are a married couple filing a joint return and claiming the standard deduction. The couple have the following two dependents. During 2019, the couple earned salary of $405,000 and interest on corporate bonds of $15,000. Determine the total amount of Child Tax Credit and Credit for Other Dependents to which Taxpayer is entitled for the year.

Child 1, age 6 at 12/31/19

Child 2, age 17 at 12/31/19

Reference no: EM132571592

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