Denise is divorced and files a single tax return claiming her two children, ages 7 and 9, as dependents. Her AGI for 2019 is $81,500. Denise's child tax credit for 2019 is:
A)$0
B)$1,000
C)$1,00
D)$2,000
E)$4,000

Question

Quizplus · Accepted Answer

Denise can claim a child tax credit of $2,000 per qualifying child. Since she has two children, her total child tax credit is $4,000. Her AGI does not exceed the phase-out threshold for the child tax credit, so she is eligible for the full amount.

Denise Is Divorced and Files a Single Tax Return Claiming