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Amount of the credit for child and dependent care expenses

Question: Kevin and Sue 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. Kevin and Sue each earns a salary of $30,000. What is the amount of the credit for child and dependent care expenses?

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Finance Basics: Amount of the credit for child and dependent care expenses

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Finance Basics: Amount of the credit for child and dependent care expenses

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