In 2021, Ivanna, who has three children under age 13, worked full-time while her spouse, Sergio, was attending college for nine months during the year. Ivanna earned $75,900 and incurred $10,675 of child care expenses. Determine amount of Ivanna and Sergio's child and dependent care credit.
In 2021, Ivanna, who has three children under age 13, worked full-time while her spouse, Sergio, was attending college for nine months during the year. Ivanna earned $75,900 and incurred $10,675 of child care expenses. Determine amount of Ivanna and Sergio's child and dependent care credit.
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 35P
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In 2021, Ivanna, who has three children under age 13, worked full-time while her spouse, Sergio, was attending college for nine months during the year. Ivanna earned $75,900 and incurred $10,675 of child care expenses.
Determine amount of Ivanna and Sergio's child and dependent care credit.
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT