Rudy and Rebecca Have AGI of $156,000

question 13

Multiple Choice

Rudy and Rebecca have AGI of $156,000.They have twin daughters,Ashley and Amy,ages 5.What amount of child tax credit can they claim?

• A)$0.
• B)$1,000.
• C)$2,000.
• D)$2,300.

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Definitions:

Top-Down Analysis

An approach that starts with the broader, general aspects of a system and works towards more detailed parts.

Customer Demographics

Statistical characteristics of consumers, such as age, gender, income, and education, used to identify market segments.

TAM, SAM, SOM

stands for Total Addressable Market, Serviceable Available Market, and Service Obtainable Market, respectively, and they are metrics used to estimate the potential market size and revenue opportunity for a product or service.

Disposable Income

The amount of income left to an individual after taxes have been paid, available for spending, saving or investing.