(1) Dependent children must be under 17
(2) AGI threshold(eg: MFJ staus:$110,000)
(3) The taxpayer lose $50 of the allowance credit for each $1000 that AGI exceeds the threshold
(2) AGI threshold(eg: MFJ staus:$110,000)
(3) The taxpayer lose $50 of the allowance credit for each $1000 that AGI exceeds the threshold