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Question 1 (1 point) NOTE: If you Google "Form 2441 2020," you can find a copy of the form for computing the Dependent Care Credit. On line 8 of that form, there is a table that calculates the percentage used to compute the credit that is based on the taxpayer's Adjusted Gross Income. Lila Rodgers is a single custodial parent with a 6 year old son. She pays $4,000 per year for part-time child care. Her AGI is $48,000 per year. The standard deduction is her only deduction from income. She can participate in an employer plan that allows her to shelter up to $5,000 of her wages in a tax deductible plan or she can take the Child and Dependent Care Credit. If she takes the Child and Dependent Care Credit, what will be the amount of her tax savings. Question 2 (1 point) Lila Rodgers is a single custodial parent with a 6 year old son. She pays $4,000 per year for part-time child care. Her AGI is $48,000 per year. The standard deduction as head of household is her only deduction from income. She can participate in an employer plan that allows her to shelter up to $5,000 of her wages in a tax deductible plan or she can take the Child and Dependent Care Credit. If she participates in the employer plan and shelters an amount equal to her child care that will ho the amount of her tax savings (based on 2020 tax rate