Mr.and Mrs.Kain reported $80,000 AGI on their joint return.The couple has four dependent children: Beatrice,age 19; Bruce,age 16; Angie,age 11,and Arnold,age 8.Compute the Kains' child tax credit.

Question

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The Kains have three qualifying children under the age of 17 (Bruce, Angie, and Arnold). Each qualifying child is eligible for a $2,000 child tax credit, totaling $6,000. Beatrice, at age 19, does not qualify for the child tax credit.

MrAnd MrsKain Reported $80,000 AGI on Their Joint Return