Allie and Buddy are married, file a joint return, and have one son, Zack, age 5. Buddy
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Allie and Buddy are married, file a joint return, and have one son, Zack, age 5. Buddy has earned income of $48,000 and Allie was a full-time student for nine months (with no income). They paid a qualified child care center $3,450. How much is Allie and Buddy’s child and dependent care credit for the year?
a. $0.
b. $1,125.
c. $1,725.
d. $3,450.
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Related Book For
Fundamentals Of Taxation 2022
ISBN: 9781264209408
15th
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander
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