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Earned Income Credit, Child and Dependent Care Credit ( LO 7 . 2 , 7 . 3 ) Clarita is a single taxpayer that lives
Earned Income Credit, Child and Dependent Care Credit LO
Clarita is a single taxpayer that lives in the US with two dependent children, ages and Clarita pays $ in qualified child care expenses during the year.
TABLE CHILD AND DEPENDENT CARE CREDIT PERCENTAGES
Adjusted Gross Income Applicable Percentage
Over But Not Over
$ $
No limit
If her adjusted gross income all from wages for the year is $ and she takes the standard deduction, calculate Claritas child tax credit, earned income credit, and child and dependent care credit for
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Clarita's taxable income is $fill in the blank
with a tax liablity precredits are computed below:
Child Tax Credit $fill in the blank
Child and dependent expense care credit $fill in the blank
Earned income credit $fill in the blank
The total credits equal $fill in the blank
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