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Tevin and Sally have two children, ages 8 and 14. They spend $6,200 per year on eligible employment related expenses for the care of their
Tevin and Sally have two children, ages 8 and 14. They spend $6,200 per year on eligible employment related expenses for the care of their children after school. Tevin earned a salary of $20,000 and Sally earned a salary of $18,000. What is the amount of the credit for child and dependent care expenses?
a. $690 b. $713 c. $1,380 d. $1,426 e. None of the above
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