Silver is a very popular car color overall, but women prefer silver over men, according to a recent study of the used car market. Mitsubishi Motors Corp President Osamu Masuko poses next to the company's silver concept car GC-PHEV at the 43rd Tokyo Motor Show November 20, 2013. Photo: Reuters.
The phase out for the Child Tax Credit begins at a modified adjusted gross income for joint filers at $110,000, single filers and head of household at $75,000, and $55,000 for married filing separately.he phase out for the total Child Tax Credit (i.e. , the credit amount times the number of qualifying children) is $50 for each $1,000 (or part thereof) of modified adjusted gross income above the thresholds.
You can only claim one exemption for each dependent. What Is the Child Tax Credit? You may be able to get a Child Tax Credit for each of your qualifying children under age 17. The credit is intended to offset the cost of raising children. The maximum amount you can get for each child is $1,000 for Tax Year 2017.