Arthur is divorced with two dependent children, ages 8 and 13. His adjusted gross income is $28,000,

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Arthur is divorced with two dependent children, ages 8 and 13. His adjusted gross income is $28,000, in 2018, and he incurs qualified child care expenses of $6,000, $3,000 for each child.

a. What is the amount of Arthur's qualified child care expenses after any limitation?

b. Calculate the amount of Arthur's child and dependent care credit before any tax liability limitation.

Related Book For answer-question

Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill

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Posted Date: Jan 31, 2020 04:58 AM

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Arthur is divorced with two dependent children, ages 8 and 13. His adjusted gross income is $28,000,

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a The amount of Arthurs qualified child care expenses af... View the full answer

Income Tax Fundamentals 2015

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