1. Are Mike and Viola eligible to claim the Child Tax Credit (CTC) and Additional Child Tax Credit (if the CTC is limited), or the Other Dependent Credit for any potential dependent? Choose the best response.
Mike (49) and Viola (50) are married and want to file together. They have two children, April (20) and May (15), who both lived with their parents all year. They are all U.S. citizens and have valid social security numbers. April is single, not a student, and she has a part-time job. May is single and still in high school. Neither April nor May provide more than 50% support for themselves. Mike’s wages were $31,250; Viola’s wages were $19,000; April's gross income was $5,300; May's was $0. Mike and Viola had no foreign income and $350 of dividends.
1. Are Mike and Viola eligible to claim the Child Tax Credit (CTC) and Additional Child Tax Credit (if the CTC is limited), or the Other Dependent Credit for any potential dependent? Choose the best response.
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