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Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use

Please use current tax rates, exemptions, and laws. Be sure to show ALL of your work so that I can give you partial credit. Use 2022 tax law.

Use these instructions: 2022 Instruction 1040 (irs.gov).

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None of the parents received Advance Child Tax Credit Payments.

Andy and Sally are married and under 50. They have 3 children ages 7,9 and 11. They pay Sallys mom $200 a month for the entire year to care for the children.

Sallys salary (Federal withholding $ 800) 8,000

Andys salary (Federal withholding $500) 7,000

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If they take a standard deduction, compute their taxable income:

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Do they qualify for an earned income credit? Why or why not? If so, how much?

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Do they qualify for a childcare credit? Why or why not? If so, how much?

Do they qualify for a child tax? Why or why not? If so, how much?

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Compute their tax please show your work.

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Compute their tax liability or refund:

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