Post a New Question

income tax

posted by .

Sean and Jenny are married, file a joint return and have two dependent children, Blake, age 9 and Jake, age 5. Sean has earned income of $72,000. Jenny was a full-time student (for nine months) with no income. They paid a qualified day care center $7,000. What amount of child and dependent care credit can Sean and Jenny receive?

a. 600
b. 900
c. 1000
d. 1200

is it d

  • income tax -

    1000

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. College Algebra

    The value of the expression (4220 + 0.25 (x - 30,650) is the 2006 federal income tax for a single taxpayer with taxable income of x dollars, where x is over $30,650 but not over $74,200. Simplify the expression; Find the amount of …
  2. Tax Accounting

    Jim and Kay Bridges contributed to the support of their two children, Samantha and Amanda, and Jim's widowed parent, Carl. For 2009, Samantha, a 19 year old full time college student, earned $4,500 as a baby-sitter. Amanda, a 23 year …
  3. consumer math

    The Mannings file a tax return showing $125000 in earned income, $3288 from interest income, and they have a tax credit of 1% of their earned income. They claim 5 exemptions of $2500 each, one head of household exemption of $10500, …
  4. Tax question.

    Joe age 24 single amd not claimed as a dependent. In 2011 his only income Was 5,000 of unemployment and he had 500 of net income from mowing lawns. Joe must file a 2011 tax return. True or false I'm unsure because you I don't know …
  5. FIN 4018 - INCOME TAX PLANNING

    SIGNMENT #1 -Non refundable tax credits and Adv Cap Gains Rules Question #4 Gary and Kelly have two children, Ben, age 14 and Cody, age 20. The children both live at home and are full-time students, dependent on their parents. The …
  6. Math

    Jason and Mary are married taxpayers in 2015. They are both under 65. For the tax year, they have a total of $41,000 in wages and $500 in interest income. Their deductions for adjusted gross income is $5,000 and their itemized deductions …
  7. Math

    Jason and Mary are married taxpayers in 2015. They are both under 65. For the tax year, they have a total of $41,000 in wages and $500 in interest income. Their deductions for adjusted gross income is $5,000 and their itemized deductions …
  8. Math

    Jason and Mary are married taxpayers in 2015. They are both under 65. For the tax year, they have a total of $41,000 in wages and $500 in interest income. Their deductions for adjusted gross income is $5,000 and their itemized deductions …
  9. Tax

    The Smiths son, Jake, is 19 and a full-time student in his second year of college. Jake paid $5,650 in tuition during 2015, and another $650 for textbooks. The Smiths are claiming Jake as a dependent. Their taxable income is $13,000, …
  10. Income tax

    Steve and Sue are married with three dependent children. Their 2015 joint income tax return shows $389,000 of AGI and $60,000 of itemized deductions made up of $30,000 of state income taxes and $30,000 of charitable contributions.

More Similar Questions

Post a New Question