Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in

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Question:

Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year.

TABLE 6.1

CHILD AND DEPENDENT CARE CREDIT PERCENTAGES

Adjusted Gross Income			Applicable Percentage
Over		But Not Over
$0	–	$15,000	35%
15,000	–	17,000	34%
17,000	–	19,000	33%
19,000	–	21,000	32%
21,000	–	23,000	31%
23,000	–	25,000	30%
25,000	–	27,000	29%
27,000	–	29,000	28%
29,000	–	31,000	27%
31,000	–	33,000	26%
33,000	–	35,000	25%
35,000	–	37,000	24%
37,000	–	39,000	23%
39,000	–	41,000	22%
41,000	–	43,000	21%
43,000	–	No limit	20%

If her adjusted gross income (all from wages) for the year is $19,600 and she takes the standard deduction, calculate Clarita’s earned income credit and child and dependent care credit for 2019.

Click here to view the Earned Income Credit table.