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Jessica and Robert have two young children. They have $7,000 of qualified child care expenses and AGI of $22,000 in 2021. What is their allowable
Jessica and Robert have two young children. They have $7,000 of qualified child care expenses and AGI of $22,000 in 2021. What is their allowable 2021 child and dependent care credit considering a pre-credit tax liability of zero?
a.$2,000
b.$3,500
c.$7,000
d.$1,860
e.$0
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