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Q1.
Maria donated $80,000 cash to a public charity in 2020.
If Maria's 2020 AGI is $70,000, what is Maria's 2020 itemized deduction resulting from her charitable contribution (after application of the limitation)?
Q2.
Ann is single and works full-time. In 2020, Ann paid child care expenses of $6,000 for someone to care for her dependent child so that she could work.
If Ann's AGI is $50,000, what is the amount of her Child and Dependent Care Expense (CDC) Credit? Assume Ann's credit percentage is 20%.
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