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Determine the amount of the child- and dependent-care credit to which each of the following taxpayers is entitled. Malcolm and Mirella are married and have
Determine the amount of the child- and dependent-care credit to which each of the following taxpayers is entitled.
Malcolm and Mirella are married and have two children. Mirella earns $55,100, and Malcolm has a part-time job from which he earns $3,510 during the year. They pay $4,090 in qualified child-care expenses during the year.
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