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Required information Problem 8-71 (LO 8-4) (Algo) [The following information applies to the questions displayed below.] Julie paid a day care center to watch her
Required information Problem 8-71 (LO 8-4) (Algo) [The following information applies to the questions displayed below.] Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What amount of child and dependent care credit can Julie claim in each of the following alternative scenarios? Use Exhibit 8-9 Problem 8-71 Part-a (Algo) a. Julie paid $2,480 to the day care center and her AGI is $50,000 (all salary). Child and dependent care credit b. Julie paid $6,200 to the day care center and her AGI is $50,000 (all salary). Child and dependent care credit c. Julie paid $5,200 to the day care center and her AGI is $25,000 (all salary). Child and dependent care credit
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