Some of them are correct already. Please answer rest of them organizedly. Thank you!

Ava and her husband, Leo, file a joint return and are in the 32% Federal income tax bracket (AGI is $354,951) in 2021. Ava's salary is $85,650. Her employer offers a child and dependent care reimbursement plan that allows up to $7,200 of qualifying expenses to be reimbursed in exchange for a $7,200 reduction in the employee's salary. Because Ava and Leo have two minor children requiring child care that costs $7,920 each year, Ava is wondering if she should sign up for the program instead of taking advantage of the credit for child and dependent care expenses. Analyze the effect of the two alternatives. Assume a FICA tax rate of 7.65%. Do not round intermediate computations. If required, round your final answers to the nearest dollar. Click to view Percentage Credit based on Adjusted Gross Income. a. If Ava and Leo take advantage of the plan, they would save Income taxes because the reimbursement of child care expenses is excluded from gross income. The income tax savings associated with participating in the plan would be 2,304 . In addition, Ava will save $ 720 X of FICA taxes due to the reduction in salary. Alternatively, if Ava does not take advantage of the plan, their child and dependent care tax credit will be s -1,584. Therefore Ava and Leo's income taxes will be s 720 higher if they do not participate in the plan. Eeedback b. Assume, instead, that Ava's salary was $30,000 and Ava and Leo's AGI is $23,000 and they are in the 10% tax bracket. The Income tax savings associated with participating in the plan would be $ 720 In addition, Ava will save 1,656 X of FICA taxes due to the reduction in salary. Alternatively, if Ava does not take advantage of the plan, their child and dependent care tax credit will be s 1,656 x . Therefore Ava and Leo's income taxes will be s 1,656 X lower v if they do not participate in the plan, In 2021, Bianca earned a salary of $164,000 from her employer. Round your answer to whole dollar amount, if necessary. How much in FICA and Medicare taxes will be withheld from Bianca's salary? Social Security: $ 8,853.60 X Medicare: $ 2,378 Jenna, a longtime client of yours, is employed as an architect. To keep up to date with developments in her profession, she attends continuing education seminars offered by the architecture school at State University. This year, Jenna spends $2,000 on course tuition to attend these seminars. She spends another $400 on architecture books during the year. Jenna's dependent daughter Caitlin is a senior majoring in engineering at the University of the Midwest. During the 2021 calendar year, Caitlin Incurs the following expenses: $8,200 for tuition ($4,100 per semester) and $750 for books and course materials. Caitlin lives at home while attending school full-time. Jenna is married, files a joint retum, and has a combined AGI with her spouse Morrie of $120,000. a. (1) Classify each of the following costs as "Eligible" or "Not Eligible for an education tax credit through the American Opportunity credit or the lifetime learning credit. Eligible / Not Eligible $2,000 for course tuition to attend seminars Eligible - $400 for architecture books Not Eligible $8,200 for daughter's tuition Eligible $750 for daughter's books and course materials Eligible Feedback Check My Work a. (2) Jenna's American Opportunity credit is $ 2,250 X, and her lifetime learning credit is $ 400 Foedback Check My Work b Calculate the couple's education tax credits if their combined AGI is $162,000. 2,730 X