Problem /-14 Child and Dependent Care Credit (LO 7.3) Marty and Jean are...
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Problem /-14 Child and Dependent Care Credit (LO 7.3) Marty and Jean are married and have 4-year-old twins. Jean is going to school full-time for 9 months of the year, and Marty earns $45,000. The twins are in day care so Jean can go to school while Marty is at work. The cost of day care is $10,000. TABLE 6.1 CHILD AND DEPENDENT CARE CREDIT PERCENTAGES je Feedtsack T Check My Wlark Taxpayers are allowed a credit for expenses for the care of their children and certain other dependents. To be eligible for the child and
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Problem /-14 Child and Dependent Care Credit (LO 7.3) Marty and Jean are married and have 4-year-old twins. Jean is going to school full-time for 9 months of the year, and Marty earns $45,000. The twins are in day care so Jean can go to school while Marty is at work. The cost of day care is $10,000. TABLE 6.1 CHILD AND DEPENDENT CARE CREDIT PERCENTAGES je Feedtsack T Check My Wlark Taxpayers are allowed a credit for expenses for the care of their children and certain other dependents. To be eligible for the child and 