b. Julie paid $6,200 to the day care center, and her AGI is $50,800 (all salary).

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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[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 2022 in each of the following alternative scenarios?
Use Exhibit 8-10
b. Julie paid $6,200 to the day care center, and her AGI is $50,800 (all salary).
Child and dependent care credit
Transcribed Image Text:Required information [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 2022 in each of the following alternative scenarios? Use Exhibit 8-10 b. Julie paid $6,200 to the day care center, and her AGI is $50,800 (all salary). Child and dependent care credit
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