Problem $7-14($Algorithmic$)$

Child and Dependent Care Credit $($LO $7\mathrm{.}3)$

Raheem and Jean are married and have $4-$year$-$old twins. Jean is going to school full$-$time for $6$ months of the year, and Raheem earns $$50,000.$ The twins are in day care so Jean can go to school while Raheem is at work. The cost of day care is $$7,600.$

CHILD AND DEPENDENT CARE CREDIT PERCENTAGES