Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so
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Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use tax law.
Use these instructions: Instruction irsgov
Andy and Sally are married and under They have children ages and They pay Sallys mom $ a month for the entire year to care for the children.
Sallys salary Federal withholding $
Andys salary Federal withholding $
If they take a standard deduction, compute their taxable income:
Do they qualify for an earned income credit? Why or why not? If so how much?
Do they qualify for a childcare credit? Why or why not? If so how much?
Do they qualify for a child tax? Why or why not? If so how much?
Compute their tax please show your work.
Compute their tax liability or refund:
Posted Date: