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Unformatted text preview: from the loss subtract any insurance received and also a 100 FLOOR reimbursed employee expenses are FOR but do not show up unreimbursed employees expenses are FROM but are MIDs 9.57 9.63 allocation of unreimbursed expenses due to meals and entertainment (MIDs) subject to 50% cutback (MIDs) standard mileage rate .50 or actual transportation costs parking and tols are added to standard and added in total to actual child tax credit under 17 and 1,000 per child child care credit (20%) lessor of amount spent, earned income, and 3,000 for one child or 6,000 for more calculation of AOTC adoption credit lesser of the actual costs or 13,170 unless special needs child EIC earned income credit it is for the working poor it is also refundable making work pay. credit 6.2% of income but is limited to 400 single and 800 married safe harbor rule for amounts withheld and estimated for federal taxes...
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- Spring '10