Julie paid a day care center to watch her two-year old son this year while she worked

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Julie paid a day care center to watch her two-year old son this year while she worked as a computer programmer for a local start-up company. What amount of child and dependent care credit can Julie claim in each of the following alternative scenarios?
a. Julie paid $2,000 to the day care center and her AGI is $50,000 (all salary).
b. Julie paid $5,000 to the day care center and her AGI is $50,000 (all salary).
c. Julie paid $4,000 to the day care center and her AGI is $25,000 (all salary).
d. Julie paid $2,000 to the day care center and her AGI is $14,000 (all salary).
e. Julie paid $4,000 to the day care center and her AGI is $14,000 ($2,000 salary and $12,000 unearned income).
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Related Book For  answer-question

Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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