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Change 2013 to 2016 Edward and Brenda are married and file a joint return. They have two children, ages 8 and 10, whom they supported
Change 2013 to 2016
Edward and Brenda are married and file a joint return. They have two children, ages 8 and 10, whom they supported and who lived with them for all of 2013. In 2013, Edward's income from his job was $29,000. Brenda was a full time student for all or 2013. She had no income during the year Edward and Brenda paid $3,000 in 2013 for day care for the children while they worked. Other than the income from Edward's job, Edward and Brenda had no income o deductions in 2013. Calculate Edward and Brenda's taxable income and income tax before credits tor 2013 Compute Edward and Brenda's child tax credit for 2013 and indicate what portion is refundable. Compute Id ward and Brenda's child and dependent care credit for 2013. Compute Edward and Brenda's earned income tax credit for 2013Step by Step Solution
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