If Gina had two qualifying persons, what would then be the total amount of qualified expenses Gina can consider take for the Child and Dependent Care Credit?
$7,100
$6,000
$3,000
$1,200
How much would Gina’s total Child and Dependent Care Credit be if the decimal amount was .30?
$600
$750
$900
$1,050
If Gina’s AGI was $33,500 and assuming that the daycare expenses are not changed and all else remains equal, how much would her Child and Dependent Care Credit be?
$600
$750
$900
$1,050
What is the total amount of Gina’s short-term capital gain or loss?
($1,050)
$1,050
$9,500
$10,550
What is the total amount of qualified expenses Gina can consider take for the Child and Dependent Care Credit?
$600
$2,000
$3,000
$7,100
How much is Gina’s total Child and Dependent Care Credit?
$600
$2,000
$3,000
$7,100
The total amount of capital gain or loss that Gina must claim on her tax return is:
($1,290)
($1,050)
$1,050
$1,290
What is the total amount of Gina’s long-term capital gain or loss?
($240)
$240
$785
$1,025