Question
Marion has an 11-year-old daughter. Calculate her child and dependent care credit prior to any tax liability limitation under these two alternatives: a. Marion pays
Marion has an 11-year-old daughter. Calculate her child and dependent care credit prior to any tax liability limitation under these two alternatives:
a. Marion pays $4,000 a year in daycare costs. Her salary is $32,000.
b. Marion pays $8,000 a year in daycare costs. Her salary is $80,000.
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
