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Tim and Martha paid $9,800 in qualified employment-related expenses for their three young children who live with them in their household. Martha received $1,200 of

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Tim and Martha paid $9,800 in qualified employment-related expenses for their three young children who live with them in their household. Martha received $1,200 of dependent care assistance from her employer, which was properly excluded from gross income. The couple had $57,450 of AGl earned equally. Use Child and Dependent Care Credit AG! schedule. Required: a. What amount of child and dependent care credit can they claim on their Form 1040 ? b. How would your answer differ (if at all) if the couple had AGI of $40,300 that was earned entirely by Martha

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