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a. Julie paid $2,060 to the day care center and her AGI is $50,600 (all salary). b. Julie paid $5,150 to the day care center
a. Julie paid $2,060 to the day care center and her AGI is $50,600 (all salary).
b. Julie paid $5,150 to the day care center and her AGI is $50,600 (all salary).
c. Julie paid $4,300 to the day care center and her AGI is $125,200 (all salary).
d. Julie paid $2,300 to the day care center and her AGI is $400,200 (all salary).
e. Julie paid $4,300 to the day care center and her AGI is $14,000 ($2,300 salary and $11,700 unearned income).
Required information (The following information applies to the questions displayed below.] 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 8-10Step by Step Solution
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