Logan has two daughters paige age 4 and natalie age 10 logan...

Logan has two daughters, Paige, age 4, and Natalie, age 10. Logan paid a local day care provider $5,000 for Paige from January through December and $3,000 for Natalie from January through June. Logan's earned income is $70,000. Assuming all other requirements are met, how much expense can be used to calculate Logan's 2023 Child and Dependent Care Credit?

Calculate the amount of the child and dependent care credit allowed before any tax liability limitations or other credits for 2021 in each of the following cases, assuming the taxpayers had no income other than the stated amounts. Question Content Area a. William and Carla file a joint tax return. Carla earned $27,500 during the year, while William attended law school full-time for 9 months and earned no income. They paid $3,500 for the care of their 3-year-old child, Carl. Round your answer to the nearest whole dollar. b. Raymond and Michele file a joint tax return. Raymond earned $83,000 during the year, while Michele earned $139,000 for the year from a part-time job. They paid $17,000 for the care of their two children under age 13. c. Beth is a single taxpayer who has two dependent children under age 5. Beth earned $425,500 in wages during the year and paid $26,700 for the care of her children.

Akash M.

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