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Fill out a Form 2441 (Child and Dependent Care Credit) for the following taxpayers. Bobbie and Jimmie are married and file a joint return. They
Fill out a Form 2441 (Child and Dependent Care Credit) for the following taxpayers. Bobbie and Jimmie are married and file a joint return. They have twins age 4. They paid $3,500 for the first child to attend daycare and $2,000 for the second child. Bobbie has earned income of $46,000 and Jimmie has earned income of nothing, but was a full-time student for the 9 months the children were in daycare. The daycare provider was Happy Kids Daycare, 5000 Rocklin Road, Rocklin CA, 94677 with a Tax Id # of 12-3456789. The child care was incurred during the hours Bobbie was at work and Jimmie was at school. Assume Bobbie and Jimmie's federal income tax liability for the year, without considering any credits, is $5,050 Fill out a Form 2441 (Child and Dependent Care Credit) for the following taxpayers. Bobbie and Jimmie are married and file a joint return. They have twins age 4. They paid $3,500 for the first child to attend daycare and $2,000 for the second child. Bobbie has earned income of $46,000 and Jimmie has earned income of nothing, but was a full-time student for the 9 months the children were in daycare. The daycare provider was Happy Kids Daycare, 5000 Rocklin Road, Rocklin CA, 94677 with a Tax Id # of 12-3456789. The child care was incurred during the hours Bobbie was at work and Jimmie was at school. Assume Bobbie and Jimmie's federal income tax liability for the year, without considering any credits, is $5,050
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