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:
a. Julie paid $2,140 to the day care center, and her AGI is $51,400 (all salary).
b. Julie paid $5,350 to the day care center, and her AGI is $51,400 (all salary).
c. Julie paid $4,700 to the day care center, and her AGI is $24,300 (all salary).
d. Julie paid $2,700 to the day care center, and her AGI is $14,600 (all salary).
e. Julie paid $4,700 to the day care center, and her AGI is $14,000 ($2,700 salary and $11,300 unearned income).
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