15. that's the following scenario correctly describes income limitations on credit for the tax year 2023. A. Married filing jointly couple has two qualifying children age 6 and 8 the taxpayer has a a W-2 and the spouse has been a full-time volunteer with a local charity they have child care expenses of $4,500 for the year they can take the child and dependent Care credit. B. A head of the household taxpayer has three qualifying dependent age 6 9 and 19. C. Their Magi is 115,000 and their tax liability is $21,774.50 the child tax credits will be $6,000

15. that's the following scenario correctly describes income limitations on credit for the tax year 2023. A. Married filing jointly couple has two qualifying children age 6 and 8 the taxpayer has a a W-2 and the spouse has been a full-time volunteer with a local charity they have child care expenses of $4,500 for the year they can take the child and dependent Care credit. B. A head of the household taxpayer has three qualifying dependent age 6 9 and 19. C. Their Magi is 115,000 and their tax liability is $21,774.50 the child tax credits will be $6,000

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter12: Tax Credits And Payments

Section: Chapter Questions

Problem 27P

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b
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Ee.14.
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