April and Brock, filing jointly with an adjusted gross income of $125,000, are eligible for a total credit of $4,500 for their two qualifying children: Keysha and Madison.
For the 2022 tax year, April and Brock, who are married and filing jointly, may be eligible for the Child Tax Credit and/or Other Dependent Credit. The Child Tax Credit is up to $2,000 per qualifying child, and the Other Dependent Credit is up to $500 for each qualifying dependent who doesn't meet the criteria for the Child Tax Credit.
In this case, April and Brock have two qualifying children: Keysha, age 17, and Madison, age 6. Keysha qualifies for the full Child Tax Credit of $2,000, while Madison also qualifies for the full amount. Therefore, April and Brock are eligible for a total Child Tax Credit of $4,000.
Additionally, for Madison, since she is under 17, they can claim the full Child Tax Credit for her. In total, April and Brock can potentially claim $4,000 for the Child Tax Credit and $500 for the Other Dependent Credit, resulting in a combined credit of $4,500.