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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
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 each of the following alternative scenarios? Use Exhibit 8-9 a. Julie paid $2,260 to the day care center and her AGI is $50,000 (all salary). b. Julie paid $5,650 to the day care center and her AGI is $50,000 (all salary). c. Julie paid $4,650 to the day care center and her AGI is $25,000 (all salary). d. Julie paid $2,260 to the day care center and her AGI is $14,000 (all salary). e. Julie paid $4,650 to the day care center and her AGI is $14,000 ($2,260 salary and $11,740 unearned income)
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