Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return…

Trey has two dependents, 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?  EXHIBIT 8-8 Child Tax Credit Phase-Out Threshold Filing Status Phase-Out Threshold Married filing jointly   $400,000 Married filing separately     200,000 Head of household and single     200,000 His AGI is $105,400. Amount of child tax credit?    

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