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Income Tax Credits (LO. 6) Determine the amount of the child- and dependent-care credit to which each of the following taxpayers is entitled. If an

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Income Tax Credits (LO. 6) Determine the amount of the child- and dependent-care credit to which each of the following taxpayers is entitled. If an amount is zero, enter "0". Round intermediate computations and final answer to the nearest dollar. Note: Round your percentage computations up to the next whole number before using in credit dollar amount computations. a. Caryle and Philip are married and have a 4-year-old daughter. Their adjusted gross income is $47,500, and they pay $2,110 in qualified child-care expenses during the year. Caryle earns $17,500, and Philip earns $30,000 in salary. b. Natalie is a single parent with an 8-year-old son. Her adjusted gross income is $33,000, and she pays $3,170 in qualified child-care expenses. C. $ Leanne and Ross are married and have three children, ages 6, 4, and 1. Their adjusted gross income is $77,400, and they pay $6,750 in qualified child-care expenses during the year. Leanne earns $46,500, and Ross earns $30,900 in salary. d. Malcolm and Mirella are married and have two children. Mirella earns $55,500, and Malcolm has a part-time job from which he earns $3,500 during the year. They pay $4,430 in qualified child-care expenses during the year. e. Andrew is a single parent with a 14-year-old son. Because he does not arrive home from work until 7 p.m., Andrew has hired someone to take care of his son after school and cook him supper. Andrew's adjusted gross income is $60,200, and he pays $3,590 in child-care expenses. Andrew is a single parent with a 12-year-old son. Because he does not arrive home from work until 7 p.m., Andrew has hired someone to take care of his son after school and cook him supper. Andrew's adjusted gross income is $60,200, and he pays $3,590 in child-care expenses. f. Income Tax Credits (LO. 6) Determine the amount of the child- and dependent-care credit to which each of the following taxpayers is entitled. If an amount is zero, enter "0". Round intermediate computations and final answer to the nearest dollar. Note: Round your percentage computations up to the next whole number before using in credit dollar amount computations. a. Caryle and Philip are married and have a 4-year-old daughter. Their adjusted gross income is $47,500, and they pay $2,110 in qualified child-care expenses during the year. Caryle earns $17,500, and Philip earns $30,000 in salary. b. Natalie is a single parent with an 8-year-old son. Her adjusted gross income is $33,000, and she pays $3,170 in qualified child-care expenses. C. $ Leanne and Ross are married and have three children, ages 6, 4, and 1. Their adjusted gross income is $77,400, and they pay $6,750 in qualified child-care expenses during the year. Leanne earns $46,500, and Ross earns $30,900 in salary. d. Malcolm and Mirella are married and have two children. Mirella earns $55,500, and Malcolm has a part-time job from which he earns $3,500 during the year. They pay $4,430 in qualified child-care expenses during the year. e. Andrew is a single parent with a 14-year-old son. Because he does not arrive home from work until 7 p.m., Andrew has hired someone to take care of his son after school and cook him supper. Andrew's adjusted gross income is $60,200, and he pays $3,590 in child-care expenses. Andrew is a single parent with a 12-year-old son. Because he does not arrive home from work until 7 p.m., Andrew has hired someone to take care of his son after school and cook him supper. Andrew's adjusted gross income is $60,200, and he pays $3,590 in child-care expenses. f

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