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Ms. Gleason, an unmarried taxpayer, had the following income items: Salary $ 41,900 Net income from a rental house 1,785 Ms. Gleason has a four-year-old
Ms. Gleason, an unmarried taxpayer, had the following income items:
Salary | $ | 41,900 | |
Net income from a rental house | 1,785 | ||
Ms. Gleason has a four-year-old son who attends a day care center while she is at work. Ms. Gleason paid $4,170 to this center and has no itemized deductions.
Required: Compute Child Credit, Dependent Credit, and her income tax after these two credits. Assume the taxable year is 2020
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