Question
Jessica and Robert have two young children. They have $7,000 of qualified child care expenses and an AGI of $22,000 in 2018. What is their
Jessica and Robert have two young children. They have $7,000 of qualified child care expenses and an AGI of $22,000 in 2018. What is their allowable child and dependent care credit considering their pre-credit tax liability?
a.$0
b.$2,000
c.$7,000
d.$6,000
e.$1,860
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Federal Taxation 2016 Comprehensive
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
29th Edition
134104374, 978-0134104379
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