Mr and Mrs Coulter have four dependent children, ages 1, 4, 7, and 11 Mr Coulters salary was $21,400, Mrs Coulters wages totaled $16,200, and the couple had no other income or above the line deductions this year The Coulters paid $3,600 for day care and after school child care Assume the taxable year is 2020 Required Compute the Coulters child credit Compute the Coulters dependent care credit Recompute the Coulters child and dependent care credits if Mr Coulters salary was $200,000, Mrs Coulters wages totaled $232,000, and the couple earned $5,700 taxable interest income

Question

Mr  and Mrs  Coulter have four dependent children, ages 1, 4, 7, and 11  Mr  Coulters salary was $21,400, Mrs  Coulters wages totaled $16,200, and the couple had no other income or above the line deductions this year  The Coulters paid $3,600 for day care and after school child care  Assume the taxable year is 2020  Required  Compute the Coulters child credit  Compute the Coulters dependent care credit  Recompute the Coulters child and dependent care credits if Mr  Coulters salary was $200,000, Mrs  Coulters wages totaled $232,000, and the couple earned $5,700 taxable interest income

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Mr. and Mrs. Coulter have four dependent children, ages 1, 4, 7, and 11. Mr. Coulters salary was $21,400, Mrs. Coulters wages totaled $16,200, and

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