Ivanna, who has three children under age 13, worked full-time while her husband, Sergio, was attending college for nine months during the year. Ivanna earned $40,275 and incurred $8,175 of child care expenses. Click here to access the percentage chart to us for this problem. The amount of Ivanna and Sergio's credit for child and dependent care expenses is $

Computing the Child and Dependent Care Credit

Adjusted Gross Income
Over			But Not Over			Applicable Rate of Credit
	$ 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%