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    This post calculates the child tax credit for two scenarios.

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    Calculate the child credit for the following tax payers.
    a. Jeremy is a single (head of household) father with a dependent 8 yr old son and $79,600 AGI.
    b. Jerry and Ann have two dependent preschool children and $100,000 of AGI.

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    https://brainmass.com/business/credit-management-credit-policy-analysis-and-risk/this-post-calculates-the-child-tax-credit-for-two-scenarios-481436

    Solution Preview

    a. Jeremy is a single (head of household) father with a dependent 8 yr old son and $79,600 AGI:
    79,600 - 75,000 (phase out) = 4,600 ...

    Solution Summary

    This solution calculates the child tax credit for these two scenarios:

    a. Jeremy is a single (head of household) father with a dependent 8 yr old son and $79,600 AGI.
    b. Jerry and Ann have two dependent preschool children and $100,000 of AGI.

    $2.19