Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Child Tax Credit Workout

Amount of the Credit

Skills Warm Up: Figuring the Credit

Question 2 of 3

Paul and Marie are married with two dependent children. They will file a joint Form 1040 for the year. The children are qualifying children for purposes of the child tax credit. Paul and Marie's MAGI $160,000. Based on this information, Paul and Marie:

Are not eligible for the maximum credit
Are eligible to claim a full child tax credit
Are not eligible to claim any amount for the child tax credit