What is the amount of dependent care credit before any income tax limitation for a couple with

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What is the amount of dependent care credit before any income tax limitation for a couple with two children where they spend $6,500 for dependent care and the husband earns $25,000 for the year and the wife earns $4,500?

a. $1,755

b. $1,215

c. $510

d. $0

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 03:04 AM

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What is the amount of dependent care credit before any income tax limitation for a couple with

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CCH Federal Taxation Basic Principles 2020

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