When taxpayers file jointly and only one spouse is liable for a past due debt that is offset or will be offset, the other spouse can be considered a(n):
Dependent Related Credits
What two situations may cause a taxpayer’s Child Tax Credit to be limited or excluded?
1) Tax liability, and 2) modified adjusted gross income above the phaseout thresholds.
1) Earned income above the phaseout thresholds, and 2) taxpayer age.
1) Modified adjusted gross income above the phaseout thresholds, and 2) three or more children.
1) Tax liability, and 2) earned income above the phaseout thresholds.
Cheron files single and claims her daughter, Xandra (24). Her adjusted gross income (AGI) is $184,000. What is the maximum amount Cheron may potentially be able to claim for the credit for other dependents?