Question: Please help me out with this problem from my text book that I am trying to solve. Please do not choose $60 as this is

Please help me out with this problem from my text book that I am trying to solve. Please do not choose $60 as this is incorrect. It has to be one of the other three options.

Feliz and Dora are married filing jointly for California purposes and have one child age 8. In total the couple spent $12,352 in qualifying expenses for child care during the year. Their federal AGI is $137,441. $70,252 is reported on Feizs W-2 and the remainder on Doras W-2. They did not receive any assistance from their employers. How much of a credit, if any, will they report on Line 40 of their Form 540?

$60

$80

$90

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