Question: Alex and Ana work full time Monday through Friday all year. They file married filing joint and they have three children ages 14, 8, and

Alex and Ana work full time Monday through Friday all year. They file married filing joint and they have three children ages 14, 8, and 6 whom send during the summer to a day camp. The cost of the camp is $2,500 per child. During the school year their 14 year old daughter watched her younger siblings after school. Alex and Ana paid her a total of $500 during the tax year. What will be their amount of their Child and Dependent Care Tax Credit if they are able to claim it

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!