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What is the amount of child tax credit for mia and noah

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Problem 1: Mia and Noah have four children, ages one month, 13, 15, and 19. Their AGI is $96,500, and their tax liability is $8,267. During the tax year, their 19-year-old son decided to postpone going to college and got a job instead. He earned wages of $7,400 and provided most of his support. They have no other nonrefundable tax credits. What is the amount of their child tax credit/credit for other dependents?

Select one:

a. $6,500
b. $8,000
c. $4,000 This answer is incorrect. This amount is the CTC with only two qualifying children.
d. $6,000

Reference no: EM132675445

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