View the step-by-step solution to:


Amy and Hobbes are married and file a joint return. Their three children are 7, 9, and 18 years

old. Their modified AGI is $58,000, and their tax liability on Form 1040, line 11 is $3,702. They have no other tax credits for the tax year. What is the amount of their child tax credit/credit for other dependents on Form 1040, line 12a?

Select one:

a. $4,000

b. $6,000

c. $4,500

d. $3,702

Top Answer

Here's the explanation you needed for... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question