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  3. pat has two kids under the age of 13 and paid $6,0

Pat has two kids under the age of 13 and paid $6,000 during the year...

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Accounting

Pat has two kids under the age of 13 and paid $6,000 during the year
for after-school childcare. In 2024, Pat's earned income and AGI
were $32,900, while her initial tax liability was $1,103. Pat's child
and dependent care tax credit amount is found to be
26%). Since the CDCTC worth $1,560 is greater than Pat's initial
tax liability ($1,103) : [Find answer in Chapter 6]
A. she will get a refund of $457
B. she will get a refund of $1,560
C. she will have to pay $1,103 in federal income taxes after
filing her Form 1040
D. her tax will be reduced to $0, but she will not be refunded
any excess credit because the CDCTC is nonrefundable
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