Mr. and Mrs. Alexander have two dependent children. They paid $7,200 wages to a housekeeper to care for the children and $549 employer payroll tax on her wages. Mr. and Mrs. Alexander file a joint return. Assume the taxable year is 2019.
Compute their dependent care credit if one child is age 10, and the other is age 15. Mr. Alexander's earned income is $75,000, and Mrs. Alexander has no earned income. Their AGI is $81,300.
Compute their dependent care credit if one child is age 2, and the other is age 6. Mr. Alexander's earned income is $45,000, and Mrs. Alexander's earned income is $28,000. Their AGI is $81,300.
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