Jerry and Ann Jones are married and keep up a home for their two preschool children, ages 2 and 4. They claim their children as dependents and file a joint return using Form 1040. Their adjusted gross income (AGI) is $27,500. Jerry earned $12,500, and Ann earned $15,000. During the year, they pay work-related expenses of $3,000 for child care for their son, Daniel, at a neighbors home and $3,200 for child care for their daughter, Amy, at Pine Street Nursery School. How much of their child-care payments are eligible for the Child and Dependent Care Credit on their return?

$0

$6,200

$6,000

$3,000