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please help!! ch10 Question 3 0.6 pts Feliz and Dora are married filing jointly for California purposes and have one child age 8. In total
please help!! ch10
Question 3 0.6 pts Feliz and Dora are married filing jointly for California purposes and have one child age 8. In total the couple spent $12,352 in qualifying expenses for child care during the year. Their federal AGI is $137,441. $70,252 is reported on Feiz's W-2 and the remainder on Dora's W-2. They did not receive any assistance from their employers. How much of a credit, if any, will they report on Line 40 of their Form 540? O $0 O $60 O $80 O $90 Question 5 0.6 Kerek, a California resident, works outside California and must file a tax return in the state where he works well as a California return. Kerek paid $1,250 of tax to the other state on adjusted gross income of $35,000 Kerek fills out California Schedule S and the total of columns B and C are each $35,000. Other information CA Form 540, line 48 is $9,000; CA Form 540, Line 17 is $96,774. How much, if anything, should Kerek clai as a credit for taxes paid to another state? O $1,000 O $1,250 O $3,000 O $3,255 Ne:Step by Step Solution
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