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Adrienne is a single mother with a 6-year-old daughter who lived with her during the entire year. Adrienne paid $2,050 in child care expenses so

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Adrienne is a single mother with a 6-year-old daughter who lived with her during the entire year. Adrienne paid $2,050 in child care expenses so that she would be able to work. Of this amount, $500 was paid to Adrienne's mother, whom Adrienne cannot claim as a dependent. Adrienne had net earnings of $1,100 from her jewelry business. In addition, she received child support payments of $20,100 from her ex-husband. Use Child and Dependent Care Credit AGI schedule Required: What amount, if any, of child and dependent care credit can Adrienne claim? Child and dependent care tax credit Adrienne is a single mother with a 6-year-old daughter who lived with her during the entire year. Adrienne paid $2,050 in child care expenses so that she would be able to work. Of this amount, $500 was paid to Adrienne's mother, whom Adrienne cannot claim as a dependent. Adrienne had net earnings of $1,100 from her jewelry business. In addition, she received child support payments of $20,100 from her ex-husband. Use Child and Dependent Care Credit AGI schedule Required: What amount, if any, of child and dependent care credit can Adrienne claim? Child and dependent care tax credit Applicable Percentage 35% 34 33 32 31 30 29 Adjusted Gross Income $ 15,000 or less 15,001-17,000 17,00119,000 19,00121,000 21,001-23,000 23,00125,000 25,00127,000 27,00129,000 29,00131,000 31,00133,000 33,00135,000 35,00137,000 37,00139,000 39,001-41,000 41,00143,000 43,001 or more 28 27 26 25 24 23 22 21 20

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