Question
Bud and Katie Milner file a joint return. During the year they paid 11000 to their nanny to look after their three children ages 2,9,and
Bud and Katie Milner file a joint return. During the year they paid 11000 to their nanny to look after their three children ages 2,9,and 11 Bud and katie both work and earned 24000 and 31000 respectively. The wages are the milners only source of income and they have no deductions for AGI.
a. Compute the Milners' child and dependent care credit.
b. Compute the MIlners' child and dependent care credit assuming Katie received a 4000$ nontaxable reimbursement from her employer's dependent care assistence plan.
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Corporate Environmental Reporting The Western Approach To Nature
Authors: Leanne J Morrison
1st Edition
0367785455, 9780367785451
