Aria and Logan Johnson have 2 children: Sara, age two, and Mia, age four. Logan is an engineer and Aria is a homemaker. The Johnsons paid $8,800 for Sara and Mia to attend day care during the year. Logan received dependent care benefits from his employer of $2,000. Their AGI was $65,000 and their tax liability was $4,393 for 2021.
How much of their child care expenses can be used to claim the child and dependent care credit in tax year 2021?

Answer rating: 100% (QA)

Maximum children care expenses allowed claiming for two children ... View the full answer