Denice is divorced and files a single tax return claiming her two children,ages 7 and 9,as dependents.Her AGI for 2013 is $79,500.Denice's Child Credit for 2013 is:

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Denice can claim a Child Tax Credit of $1,000 per child. Since she has two children, the total is $2,000. However, the credit begins to phase out for single filers with an AGI above $75,000. The phase-out reduces the credit by $50 for each $1,000 (or part thereof) over the threshold. Denice's AGI is $4,500 over the threshold, reducing her credit by $250, resulting in a total credit of $1,750.

Denice Is Divorced and Files a Single Tax Return Claiming