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Noah and Lily paid $8,400 for child care for their 5 year old daughter while they were working in 2021. They live in Minnesota for
Noah and Lily paid $8,400 for child care for their 5 year old daughter while they were working in 2021. They live in Minnesota for the entire year. Noah earned $72,000 during the year and Lily earned $14,000. What is the amount of their child and dependent care credit for the year if their AGI for 2021 is $90,000 and their tax on line 16 of their Form 1040 is $6,800? O $7,000 O $8,000 O $4,200 O $4,000 O $6,800 Lucas and Mia file a joint return for 2021. Their AGI is $90,000 and their Taxable Income is $64,900. They live in South Carolina for the entire year. They have three dependent children that are 10, 5, and 2 years old. What is their refundable Child Tax Credit on line 28 of their Form 1040? O $9.000 O $10,200 O $10,800 O $0 O $9,600
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