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Allie and Buddy are married, file a joint return, and have one son, Zack, age 5. Buddy has earned income of $48,000, and Allie was
Allie and Buddy are married, file a joint return, and have one son, Zack, age 5. Buddy has earned income of $48,000, and Allie was a full-time student for nine months (with no income). They paid a qualified child care center $3,450. How much is Allie and Buddys child and dependent care credit for the year? (tax year 2021)
Use Child and Dependent Care Credit AGI schedule.
Multiple Choice
$0.
$1,125.
$1,725.
$3,450.
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