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Please use information to fill out 2441 front page of tax return for child and dependent care expenses ! This is all the information provided

Please use information to fill out 2441 front page of tax return for child and dependent care expenses ! This is all the information provided image text in transcribed
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Child and Dependent Care Expenses Directions: Prepare a 2441 using the following information: Paul (SS# 470-59-4344) and Carol (SS#475-66-1347 Williamson have three children in Tender Day Care, 432 E. Main Street, Ventura, CA 93004 (EIN 47-4565421): Susan Williamson (SS#890-542267) 4 years John Williamson (SS#459-52-0556) 2 years Jennifer Williamson (SS#225-66-4756) 2 years $8,000 Day Care Cost $8,000 Day Care Cost $8,000 Day Care Cost Paul's W-2 income was $62,000 Carol's W-2 income was $16,000 AGI, line 38 on their tax return is $82,000 Line 10 for Form 2441 from the Credit Limit Worksheet is $7.000. OMB No. 1545-0074 Child and Dependent Care Expenses owoN 20 17 Attach to Form 1040, Form 1040A or Form 1040NR. 2441 Part the must complete this part If you have more than two care providers, see the instructions 1 a)Care providers NoComplete only Part II below. YesCompiete Part on the back next Did you receive Caution: If the care was provided in your home, you may owe employment taxes If you do, you can't file Form 1040A For details, see the instructions for Form 1040, line 60a, or Form 104ONR, line 59a Part II for and 2 Information about your qualidying 3 Add the amounts in column (c) of Ine 2. Don't enter more than $3,000 for one qualifying person or $6,000 for two or more persons. If you completed Part lil enter the amount from line 31 4 Enter your earned income. See instructions 5 Hmaried filing jointly, enter your spouse's eamed income if you or your spouse was a student or was disabled, see the instructions): all others, enter the amount from line 4 6 Enter the smallest of line 3, 4, or 5 7 Enter the amount from Form 1040, line 38: Fom 1040A, Iine 22: or Form 1040NR, line 37 Enter on ine 8 the decimal amount shown below that applies to the amount on line7 8 If line 7 is 0-15,000 5.000-17.000 17.000-19.000 19.000-21,000 21,000-23,000 1,000-33 000 3.000-35000 5.000- 37000 37.000-39,000 25 25.000-27,000 27,000-29,000 29 21 9 Multiply line 6 by the decimal amount on ine 8. If you paid 2016 expenses in 2017, see 10 Tax liablity limit. Enter the amount from the Cred 11 Credit for child and dependent care expenses. Enter the smaller the instructions Limit Worksheet in the instructions here and on Form 1040, Ine 49; Form 1040A, Ine 31; or Form 1040N 10 ine 47 For Paperwork Reduction Act Notice, see your tax return instructions. No 11862M 2017)

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