for 2020 I need help with.... 1a. William & Carla file Jointly. Carla earned $27500. William was a full time student for 9m and earned no income. they paid $3500 for the care of their 3yr old. ****I'm supposed to round to the nearest dollar amount the child n dependent care credit allowed before any tax liability limitations for all 1a-1c**** 1b. Similarly Raymond & Michele filed Jointly. Raymond earned $13k. Michele $9k from a part time job. They paid $7k for the care of their 2 kids 2 and 13 yr old.**** 1c. Beth is single with 2 dependents under 5. Beth earned $25500 in wages during the year and paid $6700 for childcare. *****

CHILD AND DEPENDENT CARE CREDIT PERCENTAGES TABLE 6.1 Adjusted Gross Income Applicable Percentage Over But Not Over 35% $0 $15,000 15,000 17,000 34% 17,000 19,000 33% 19,000 21,000 32% 21,000 23,000 31% 23,000 25,000 30% 25,000 27,000 29% 27,000 29,000 27% 29,000 31,000 27% 31,000 33,000 26% 33,000 35,000 25% 35,000 37,000 24% 37,000 39,000 23% 39,000 41,000 22% 41,000 43,000 31% 43,000 No limit 20%