Ryan and Edith File a Joint Return Showing $130,000 of AGI

question 16

Multiple Choice

Ryan and Edith file a joint return showing $130,000 of AGI (with no exclusions under Secs.911,931,and 933) .They have three dependent children ages 7,9,and 13.What is the amount of their child credit?

• A)$0
• B)$1,000
• C)$2,000
• D)$3,000

---

Definitions:

In Personam Jurisdiction

The legal authority of a court to make a decision affecting a particular person's rights.

Long-Arm Statute

A state statute that permits a state to obtain jurisdiction over nonresidents. The nonresidents must have certain "minimum contacts" with that state for the statute to apply.

Geographic Area

A specific physical location defined by natural or artificial boundaries.

Federal-Question Jurisdiction

pertains to the authority of federal courts to hear cases that involve the interpretation and application of the U.S. Constitution, federal laws, or treaties.