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Julia and Omar Are Married and File a Joint Tax

question 72

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Julia and Omar are married and file a joint tax return.They have two dependent daughters,ages 14 and 18.If their AGI is $98,000,what amount of child tax credit can they claim?

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Definitions:

Arithmetic Operations

Basic mathematical operations including addition, subtraction, multiplication, and division.

Quantitative

Pertaining to the measurement or quantity of something, often involving numbers and statistical analysis.

Variable

An attribute or characteristic that can vary among subjects in a study, often classified as dependent or independent.

Quantitative Variable

A variable that can be measured and quantified, often expressed in numerical terms.

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