Mr and Mrs Lansing, who file a joint tax return, have four dependent children under age 17. Which of the following statements is false?

Name: Mr and Mrs Lansing, who file a joint tax return, have four dependent children under age 17. Which of the following statements is false?
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Question

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If the Lansings' AGI is $417,300, the phaseout of their $8,000 credit is $900 ([$17,300 excess AGI/$1000] rounded up to 18 * $50). If the Lansings' AGI is $596,000, the phaseout is $9,800 ([$196,000 excess AGI/$1000] * $50).

Mr and Mrs Lansing, Who File a Joint Tax Return