Clarita is an unmarried taxpayer with two dependent children, ages 10 and 12. Clarita pays...

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Accounting

Clarita is an unmarried taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year.
TABLE 6.1 CHILD AND DEPENDENT CARE CREDIT PERCENTAGES
Adjusted Gross Income Applicable Percentage
Over But Not Over
$0 $15,00035%
15,00017,00034%
17,00019,00033%
19,00021,00032%
21,00023,00031%
23,00025,00030%
25,00027,00029%
27,00029,00028%
29,00031,00027%
31,00033,00026%
33,00035,00025%
35,00037,00024%
37,00039,00023%
39,00041,00022%
41,00043,00021%
43,000 No limit 20%
If her adjusted gross income (all from wages) for the year is $21,400 and she takes the standard deduction, calculate Claritas earned income credit and child and dependent care credit for 2022.

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