For 2015, Beatrice qualifies for the earned income credit. She has one daughter who is 7 year old. Her earned income and adjusted gross income for 2015 are $6,200. Using the EIC tables, calculate the amount of her 2015 earned income credit. Calculate the amount of Beatrice's 2015 earned income credit assuming her earned income for 2015 is $8,500 and her adjusted gross income is $10,000. Marion has an 11 -year-old daughter. Please calculate her child and dependent care credit under these two alternatives: Marion pays $4,000 a year in day care costs. Her salary is $32,000. Marion pays $8,000 a year in day care costs. Her salary is $80,000. Martin and Rachel are married and have a 3-year-old child. Martin is going to medical school full-time for 12 months of the year and Rachel earns $45,000. Their child is in day care so Martin can go to school while Rachel is at work. The cost of their day care is $10,000. What is their child and dependent care credit? John graduates from high school in 2015 and enrolls in a private college in the fall. His parents pay $10,000 for his tuition and fees. Assuming John's parents have AGI of $46,000. w hat is the American Opportunity credit they can claim for John? Assuming John's parents have AGI of $175,000, what is the American Opportunity credit they can claim for John? Explain Jenny adopts a Vietnamese orphan. The adoption takes three years, two trips to Vietnam, and becomes final in 2015. She pays $10,000 in 2013, $5,000 in 2014, and $5,000 in 2015 of qualified adoption expenses. She has AGI of $150,000. What is the adoption credit Jenny can claim in 2015? How much credit could she claim if the adoption falls through and is never finalized? For 2015, Beatrice qualifies for the earned income credit. She has one daughter who is 7 year old. Her earned income and adjusted gross income for 2015 are $6,200. Using the EIC tables, calculate the amount of her 2015 earned income credit. Calculate the amount of Beatrice's 2015 earned income credit assuming her earned income for 2015 is $8,500 and her adjusted gross income is $10,000. Marion has an 11 -year-old daughter. Please calculate her child and dependent care credit under these two alternatives: Marion pays $4,000 a year in day care costs. Her salary is $32,000. Marion pays $8,000 a year in day care costs. Her salary is $80,000. Martin and Rachel are married and have a 3-year-old child. Martin is going to medical school full-time for 12 months of the year and Rachel earns $45,000. Their child is in day care so Martin can go to school while Rachel is at work. The cost of their day care is $10,000. What is their child and dependent care credit? John graduates from high school in 2015 and enrolls in a private college in the fall. His parents pay $10,000 for his tuition and fees. Assuming John's parents have AGI of $46,000. w hat is the American Opportunity credit they can claim for John? Assuming John's parents have AGI of $175,000, what is the American Opportunity credit they can claim for John? Explain Jenny adopts a Vietnamese orphan. The adoption takes three years, two trips to Vietnam, and becomes final in 2015. She pays $10,000 in 2013, $5,000 in 2014, and $5,000 in 2015 of qualified adoption expenses. She has AGI of $150,000. What is the adoption credit Jenny can claim in 2015? How much credit could she claim if the adoption falls through and is never finalized