Question: LEARNING CASE - CHAPTER 14 NAME 1) Mark and Stacy are married, file a joint return, and have one child, age 3. Their combined AGI

 LEARNING CASE - CHAPTER 14 NAME 1) Mark and Stacy are

LEARNING CASE - CHAPTER 14 NAME 1) Mark and Stacy are married, file a joint return, and have one child, age 3. Their combined AGI is $55,000, earned equally between both taxpayers. Mark and Stacy incur $3,500 of child-care expenses during the current year. Mark's employer reimburses him $1,500 under a qualified dependent care assistance plan. What is their child and dependent care credit amount

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