In general
The amount allowable as a credit under subsection (a) (determined without regard to this paragraph) for the taxable year shall be reduced (but not below zero) by the amount which bears the same ratio to the amount which is so allowable as—
(i) the excess (if any) of— (I) the taxpayer’s modified adjusted gross income for such taxable year, over (II) $125,000 ($225,000 in the case of a joint return), bears to
(ii) $20,000.
(i)#
the excess (if any) of—
(I) the taxpayer’s modified adjusted gross income for such taxable year, over
(II) $125,000 ($225,000 in the case of a joint return), bears to
(i)(I)#
the taxpayer’s modified adjusted gross income for such taxable year, over
(i)(II)#
$125,000 ($225,000 in the case of a joint return), bears to
(ii)#
$20,000.