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 2023 in each of the following alternative scenarios? Use Exhibit 8-9.
a. Julie paid $2,000 to the day care center, and her AGI is $50,000(all salary).b. Julie paid $10,000 to the day care center, and her AGI is $50,000(all salary).c. Julie paid $4,000 to the day care center, and her AGI is $25,000(all salary).d. Julie paid $2,000 to the day care center, and her AGI is $14,000(all salary).e. Julie paid $4,000 to the day care center, and her AGI is $14,000($2,000 salary and $12,000 unearned income).
EXHIBIT 8-9 Child and Dependent Care Credit Percentage
If AGI is over But not over Then the percentage is
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

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