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Compute the tax liability or refund

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Andy and Sally are married and under 50. They have 3 children under 12. They pay Sally's mom $200 a month for the entire year to care for the children.

Sally's salary (Federal withholding $ 800) 8,000

Andy's salary (Federal withholding $500) 7,000

Question 1: If they take a standard deduction, compute their taxable income

Question 2: Do they qualify for an earned income credit? Why or why not? If so, how much?

Question 3: Do they qualify for a child care credit? Why or why not? If so, how much?

Question 4: Do they qualify for a child tax? Why or why not? If so, how much?

Question 5: Compute their tax -please show your work.

Question 6: Compute their tax liability or refund.

Reference no: EM132494613

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