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10. Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What
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Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What amount of child and dependent care credit can Julie claim in 2021 in each of the following alternative scenarios? Use Exhibit 8-10 a. Julie paid $2,480 to the day care center and her AGI is $50,800 (all salary). Child and dependent care credit b. Julie paid $6,200 to the day care center and her AGI is $50,800 (all salary). Child and dependent care credit c. Julie paid $6,400 to the day care center and her AGI is $125,200 (all salary). Child and dependent care credit d. Julie paid $4,400 to the day care center and her AGI is $400,200 (all salary). Child and dependent care credit e. Julie paid $6,400 to the day care center and her AGI is $14,000 ($4,400 salary and $9,600 unearned income). Child and dependent care creditStep by Step Solution
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