Question
Oliver and Jane have 3 children ages 16, 10 and 3. They pay $7,000 per year for daycare and afterschool care. Oliver makes $15,000. Jane
Oliver and Jane have 3 children ages 16, 10 and 3. They pay $7,000 per year for daycare and afterschool care. Oliver makes $15,000. Jane makes 18,000. They also have investment income of $5.000 for total AGI of $38,000. How much Dependent Care Credit are they eligible to take?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
