LO.4 Paul and Karen are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 during 2012). Paul and Karen have two dependent children, both under the age of 13.

So that they can work, Paul and Karen pay $3,800 to various unrelated parties to care for their children while they are working. Assuming that Paul and Karen file a joint return, what, if any, is their tax credit for child and dependent care expenses?