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 2021 in each of the following alternative scenarios?Use Exhibit 8-10a. Julie paid $2,500 to the day care center and her AGI is $51,000 (all salary).Child and dependent care credit S 1.040b. Julle paid $6,250 to the day care center and her AGI is $51,000 (all salary).Child and dependent care credit S 2,600 Xc. Julle paid $6,500 to the day care center and her AGI IS $125,300 (all salary).Child and dependent care creditd. Julie paid $4,500 to the day care center and her AGI is $400,300 (all salary).Child and dependent care credite. Julle paid $6,500 to the day care center and her AGI is $14,000 ($4,500 salary and $9,500 unearned Income).Child and dependent care credit

Answered: Image /qna-images/answer/e3e4ad34-ee93-42c2-8fb0-8fefe3b24c2c.jpg

Answered: SI is $51,00 $125,300 00

Business

Accounting

SI is $51,00 $125,300 00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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