Question
Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What amount
Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company.
What amount of child and dependent care credit can Julie claim in 2022 in each of the following alternative scenarios? Use Exhibit 8-10
Required:
Julie paid $2,020 to the day care center, and her AGI is $50,200 (all salary).
Julie paid $5,050 to the day care center, and her AGI is $50,200 (all salary).
Julie paid $4,100 to the day care center, and her AGI is $24,900 (all salary).
Julie paid $2,100 to the day care center, and her AGI is $14,000 (all salary).
Julie paid $4,100 to the day care center, and her AGI is $14,000 ($2,100 salary and $11,900 unearned income).
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