Susan and Kyle are married and have two children ages 16 and 14. Their adjusted gross income for 2014 is $108,000. What amount can they claim for the child tax credit?

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For 2014, the child tax credit is $1,000 per qualifying child under the age of 17. Susan and Kyle have two qualifying children, so they can claim $2,000 ($1,000 per child). Their income is below the phase-out threshold for married couples filing jointly, so they are eligible for the full credit.

Susan and Kyle Are Married and Have Two Children Ages