Susan and Kyle Are Married and Have Two Children Ages

question 38

Multiple Choice

Susan and Kyle are married and have two children ages 16 and 14.Their adjusted gross income for 2013 is $108,000.What amount can they claim for the child tax credit?

• A)$ - 0 -
• B)$ 600
• C)$1,000
• D)$1,200
• E)$2,000

---

Definitions:

Personal Property

Items that are movable and not fixed to one location, including tangible goods like furniture, vehicles, and intangible rights.

Trade Secrets

Trade secrets consist of practices, designs, formulas, processes, or information that are not generally known and that provide a business with an economic advantage over competitors.

Trespass

an unlawful act of entering someone's property without permission or exceeding the scope of permission granted.

Appropriation

The act of setting aside funds for a specific purpose or the unauthorized use of someone's else creative or intellectual property.