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21 Part 2 of 2 Required information [The following information applies to the questions displayed...

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Accounting

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21 Part 2 of 2 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 8-10 0.37 points 8 01:00 c. Julie paid $4,000 to the day care center and her AGI is $127,000 (all salary), eBook Child and dependent care credit EXHIBIT 8-10 Child and Dependent Care Credit Percentage 48 If AGI is over But not over Then the percentage is $ 0 $125,000 50% 125,000 127,000 49 127,000 129,000 129,000 131,000 47 181,000 183,000 21 183,000 400,000 20 400,000 402,000 402,000 404,000 434,000 436,000 436,000 438,000 1 438.000 Source: Source: Internal Revenue Code. "$ 21. Expenses For Household And Dependent Care Services Ne 19 18 2 0

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