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Eduardo and Julia are married, both gainfully employed, and they have two children who are three and six years old. In 2021 Eduardos salary is
Eduardo and Julia are married, both gainfully employed, and they have two children who are three and six years old. In 2021 Eduardos salary is $35,000 while Julias is $80,000. During 2021 they spend $17,000 for child care expenses that are required so they can work outside the home.
Calculate the couple's credit for child and dependent care expenses for 2021.
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