taxation

A39 B D E 2 Austen and Chelsea are married and have two children. The following are the amounts they incurred in childcare expenses during 2020. 3 4 5 Day-care (1 year old) $11,759 After school care (8 year old) 948 7 2 week Summer camp (8 year old) 698 8 Austen earns net business income of $26,000 and $2,200 in interest income. Chelsea works full-time as a hair stylist and has net employment income of $39,000. Austen's income 9 would normally be higher; however, he was hospitalized for 6 weeks after a serious car -10 11 Child care expenses Austen Chelsea 12 1. Actual amounts 3 2/2 varnar inramn A Cover sheet - please read Q1 Q2 Q3 Q4 Q5 + A39 E Austen Chelsea Child care expenses 1. Actual amounts 11 12. 13 14 15 16 17 2.2/3 x earned income 18 19 20 21 3. Annual limits** 22 23 24 25 4. Weekly limits *** 26 27 28 20 = A Cover sheet - please read Q1 Q2 Q3 Q4 05 + Calculation Mode: Automatic Workbook Statistics Austen Chelsea Child Care Expense Deduction "Weekly Limits on overnight camp and boarding school - ($275- disabled / 200 less than 7 years old / $125 between 7-16 years old -- ($11,000 - disabled / $8,000 less than 7 years old / $5,000 between 7-16 years old) Weekly limits used if higher income spouse may claim some child care or for deducting overnight camps and boarding schools