Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Danielle is a single mom with 3 children. Cayden, age 10, goes to day camp, which costs $4000. Aubrey, age 4, is at daycare, which
Danielle is a single mom with 3 children. Cayden, age 10, goes to day camp, which costs $4000. Aubrey, age 4, is at daycare, which costs Danielle $6000. Bailey, age 1, attends a separate daycare, which costs $5000. All payments allow Danielle to work during the day. She earns $34,000 from her job and her 2020 AGI is $35,500. How much Child and Dependent Care Credit can Danielle claim?
a. $1440
b. None of these
c. $1500
d. $6000
e. $2160
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started