Sam and Esterina are married, file a joint return, and have two children, ages 9 and 12. Their combined AGI is $67,000. Sam's earned income is $43,000; Esterina's is $27,000. They incur $6,900 of child care expenses to enable them to be employed during the current year. Calculate their child and dependent care credit.

 

Answer rating: 100% (QA)

To calculate Sam and Esterinas child and dependent care credit we need to consider their earned inco... View the full answer