Question: Anyone that can help me please? I've only been able to figure out the Earned income credit. Clarita is an unmarried taxpayer with two dependent
Anyone that can help me please? I've only been able to figure out the Earned income credit.
Clarita is an unmarried taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year.
If her adjusted gross income (all from wages) for the year is $21,400 and she takes the standard deduction, calculate Claritas earned income credit and child and dependent care credit for 2022. Click here to view the Earned Income Credit table. Click here to access the tax table for this problem. Clarita's taxable income is $___. Outline her liability and credits in the correct "pecking" order:
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