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

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Accounting

Anna 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?

1. Anna paid $5,000 to the day care center and her AGI is $125,900 (all salary).

2. Anna paid $3,000 to the day care center and her AGI is $400,900 (all salary).

3. Anna paid $5,000 to the day care center and her AGI is $14,000 ($3,000 salary and $11,000 unearned income).

If AGI is over But not over Then the percentage is
$ 0 $125,000 50%
125,000 127,000 49
127,000 129,000 48
129,000 131,000 47
181,000 183,000 21
183,000 400,000 20
400,000 402,000 19
402,000 404,000 18
434,000 436,000 2
436,000 438,000 1
438,000 0

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