Vijay and Lina Mehta are married with two dependent children. They paid $7,200 of wages...
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Accounting
Vijay and Lina Mehta are married with two dependent children. They paid $7,200 of wages to a nanny to care for their children and $549 employer payroll tax on these wages. The Mehtas file a joint return, Assume the taxable year is 2023. Required: a. Compute their dependent care credit if the children are ages 10 and 15. Vijay's earned income is $75,000 and Lina has no earned income. Their AGl is $81,300. b. Compute their dependent care credit if the children are ages 2 and 6 . Vijay's earned income is $45,000 and Lina's earned income is $28,000. Their AG1 is $81,300. c. Compute their dependent care credit if the children are ages 2 and 6 . Vijay's earned income is $245,000 and Lina's earned income is $280,000. Their AGI is $475,000. Complete this question by entering your answers in the tabs below. Compute their dependent care credit if the chilldren are ages 10 and 15 . Vijay's earned income is $75,000 and Lina has no earned income. Their AGI is $81,300. Note: Enter " 0 " if taxpayer is not eligible for the credit

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