What is the maximum amount for child tax credit


Problem: Jason and Erica are a married couple who will file a joint return for 2021. They have two young children, Hudson (5) and Leo (3). The couple's 2021 adjusted gross income is $110,000. If Jason and Erica did not receive any advance Child Tax Credit payments during 2021, what is the maximum amount they may be eligible to receive for the Child Tax Credit and the credit for other dependents?

  • $4,000
  • $6,000
  • $6,600
  • $7,200

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Taxation: What is the maximum amount for child tax credit
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