What two situations may cause a taxpayer's Child Tax Credit to be limited or excluded? Tax liability and modified adjusted gross income above the phaseout thresholds. Earned income above the phaseout thresholds and age of the taxpayer. Modified adjusted gross income above the phaseout thresholds and claiming three or more children. Tax liability and earned income above the phaseout thresholds.

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12-06-2024
Business

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What two situations may cause a taxpayer's Child Tax Credit to be limited or excluded? Tax liability and modified adjusted gross income above the phaseout thresholds. Earned income above the phaseout thresholds and age of the taxpayer. Modified adjusted gross income above the phaseout thresholds and claiming three or more children. Tax liability and earned income above the phaseout thresholds.

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