Paul and Karen are married, and both are employed (Paul earns $44,000 and Karen earns $9,000 during
Question:
Paul and Karen are married, and both are employed (Paul earns $44,000 and Karen earns $9,000 during 2016). Paul and Karen have two dependent children, both under the age of 13. So that they can work, Paul and Karen pay $3,800 to various unrelated parties to care for their children while they are working. Assuming that Paul and Karen file a joint return, what, if any, is their tax credit for child and dependent care expenses?
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For two or more children the maximum expense allowed for purposes of the credit ...View the full answer
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Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
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