Lebron and Leticia Johnson have three children ages 14, 16, and 19. The 19-year-old is in...

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Lebron and Leticia Johnson have three children ages 14, 16, and 19. The 19-year-old is in...

Lebron and Leticia Johnson have three children ages 14, 16, and 19. The 19-year-old is in the military and not a dependent. Their modified AGI is $107,500. What is the amount of the child credit to which they are entitled for 2018?

A) $0

B) $2,000

C) $3,000

D) $4,000

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Answer 1

Answer #1

Answer : Option B ($2000)

Explanation : Here the two chindren who were the age of 16 and younger one who is having 14 years will only be qualifies for the child credit and for one child the credit is $1000. Therefore the answer will be 2*1000$ = $2000.

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Answer 2

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