Nate and Nikki have three dependent children ages 12, 15, and 17. Their modified AGI for 2011 is $120,000. What is the amount of the child credit to which they are entitled?
A) $-0-
B) $500
C) $1,500
D) $2,000
Answer: C
Nate and Nikki have three dependent children ages 12, 15, and 17. Their modified AGI for 2011 is $120,000. What is the amount of the child credit to which they are entitled?
A) $-0-
B) $500
C) $1,500
D) $2,000
Answer: C