Rhianna and Jay are married filing jointly in 2018. They have six children under age 17 for whom they may claim the child tax credit. Their AGI was $419,400. What amount of child tax credit may they claim on their 2018 tax return

The correct answer is $11,000.

Explanation:

According top the scenario, the given data are as follows:

Total AGI = $419,400

The threshold limit for married filing jointly = $400,000

So, Exceeding threshold = $419,400 - $400,000 = $19,400

For each $1,000 exceeding, available child tax credit reduced by $50.

So, Phase out = $19,400 ÷ $1,000 = 19.4 or 20

Amount to be reduced = 20 × $50 = $1,000

Child Tax credit is $2,000 per child.

So, Eligible credit = (6 child × $2,000) - $1,000

= $11,000

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muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.