What is the maximum amount Adam and Lisa are eligible to claim for the child tax credit?

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The maximum amount Adam and Lisa can claim for the child tax credit is $2,000 per qualifying child under the age of 17. This reflects the standard credit amount established for tax years following adjustments made by the Tax Cuts and Jobs Act.

To qualify for the full credit, taxpayers must meet certain income thresholds, and the credit is phased out for higher-income earners. If Adam and Lisa meet the income limits, they can claim $2,000 for each eligible child, which aligns with the amount given in the correct answer.

The other options suggest amounts either lower or higher than the established amounts for the child tax credit. Understanding the tax law and the specific eligibility criteria helps ensure accurate filing and maximization of tax benefits like the child tax credit.

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