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2017 Income Tax Fundamentals Jeff is a stay-at-home father who earns $600 from odd jobs and takes care of his daughter. His wife, Michelle, is
2017 Income Tax Fundamentals
Jeff is a stay-at-home father who earns $600 from odd jobs and takes care of his daughter. His wife, Michelle, is the bread-winner and brings in $60,000 if income a year. In addition to the care provided by Jeff, Michelle pays $4,500 in child care.
In the current year, how much are Jeff and Michelles qualifying expenses for the child and dependent care credit?
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