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Avery, an unmarried taxpayer, had the following income items: Salary $ 41,500 Net income from a rental house 5,330 Avery has a 4-year-old child who
Avery, an unmarried taxpayer, had the following income items:
Salary | $ 41,500 |
---|---|
Net income from a rental house | 5,330 |
Avery has a 4-year-old child who attends a day care center. Avery paid $4,110 to this center and has no itemized deductions.
Required:
Compute Child Credit, Dependent Credit, and Avery income tax after these two credits. Assume the taxable year is 2022. Use Individual Tax Rate Schedules and Standard Deduction Table.
Note: Round your intermediate computations to the nearest whole dollar amount.
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