Trey claims a dependency exemption for both of his, Financial Management

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Trey claims a dependency exemption for both of his

Trey claims a dependency exemption for both of 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?

b. His AGI is $126,400.

c. His AGI is $130,300, and his daughters are ages 10 and 12.

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Financial Management: Trey claims a dependency exemption for both of his

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Financial Management: Trey claims a dependency exemption for both of his

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