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In 2018, George and Martha are married and file a joint tax return claiming their two children, ages 10 and 8 as dependents. Assuming their AGI is $119,650, George and Martha's child tax credit is:
Federal Government
The national government of a federal country, which shares sovereignty with constituent states or provinces and possesses powers specifically granted to it by the constitution.
State and Local Governments
The administrative bodies governing specific geographic areas within a country, dealing with local and regional affairs.
Medicaid
Medicaid is a joint federal and state program that helps with medical costs for some people with limited income and resources and offers benefits not typically covered by Medicare, such as nursing home care and personal care services.
Every Student Succeeds Law
A U.S. law passed in 2015 that governs the United States K-12 public education policy, aiming to provide all children with a fair, equitable, and high-quality education.
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