File joint income tax return

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Reference no: EM131221455

Troy and Tracy are married and file a joint income tax return. Their adjusted gross income is $30,000 per year. On last years return, the Tanks claimed a $960 credit for child care expenses. The Tanks are in the 15% marginal income tax bracket. What amount of detection for AGI would be required to equal the tax benefit of a $960 child care credit?

Reference no: EM131221455

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File joint income tax return : Troy and Tracy are married and file a joint income tax return. Their adjusted gross income is $30,000 per year. On last years return, the Tanks claimed a $960 credit for child care expenses. The Tanks are in the 15% marginal income tax bracket. What ..

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