Anthony and Luna are married and have 4-year-old twins. Luna is going to school full-time for 6 months of the year, and Anthony earns $53,500. The twins are in day care so Luna can go to school while Anthony is at work. The cost of day care is $7,600.

TABLE 6.1 CHILD AND DEPENDENT CARE CREDIT PERCENTAGES

Adjusted Gross Income Applicable Percentage

Over But Not Over

$0 $15,000 35%

15,000 17,000 34%

17,000 19,000 33%

19,000 21,000 32%

21,000 23,000 31%

23,000 25,000 30%

25,000 27,000 29%

27,000 29,000 28%

29,000 31,000 27%

31,000 33,000 26%

33,000 35,000 25%

35,000 37,000 24%

37,000 39,000 23%

39,000 41,000 22%

41,000 43,000 21%

43,000 No limit 20%

What is their child and dependent care credit?