Amy is Single mother with three dependent children, one age 11 and the other age...
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Accounting
Amy is Single mother with three dependent children, one age 11 and the other age 8 and 14. Her adjusted gross income for 2017 is $25,000 and she incurs qualified childcare expenses of $15,000, ( $5,000 for each child. )
A. What is the amount of Amy's qualified childcare expenses after any limitaiton?
$________
B. Calculate the amount of Amy's childcare credit for 2017.
$________
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