In: Accounting
Jim is a single dad who lives with and provides 100% of the
financial support for his three children. Jim's children were 10,
14 and 19 as of the last day of 2015.
Jim's Adjusted Gross Income (AGI) is $96,000 for the year
2015.
How much Child Credit will Jim get on his 2015 tax return?
A. 1050
B. 950
C. 2000
D. 850