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Julie paid a day care center to watch her two-year-old son while she worked as...

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Accounting

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 8-10

a. Julie paid $2,440 to the day care center and her AGI is $50,400 (all salary).

b. Julie paid $6,100 to the day care center and her AGI is $50,400 (all salary).

c. Julie paid $6,200 to the day care center and her AGI is $125,000 (all salary).

d. Julie paid $4,200 to the day care center and her AGI is $400,000 (all salary).

e. Julie paid $6,200 to the day care center and her AGI is $14,000 ($4,200 salary and $9,800 unearned income).

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