Casey and Lupe Have AGI of $125,000

question 118

Multiple Choice

Casey and Lupe have AGI of $125,000.They have twin daughters,Ashley and Alley,ages 5.What amount of child tax credit can they claim?

• A)$1,250.
• B)$0.
• C)$1,000.
• D)$2,000.

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Definitions:

Law Students

Individuals engaged in the study of law at a university or law school, working towards becoming legal professionals.

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are lawyers who are employed by a law firm but do not hold an ownership interest as partners do, often working under the direction of partners.

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The financial gains obtained by a business after subtracting all expenses incurred.