Mark and Stacy Are Married,file a Joint Return,and Have One

Multiple Choice

Mark and Stacy are married,file a joint return,and have one child,age 3.Their combined AGI is $55,000.Mark and Stacy incur $3,500 of child care expenses during the current year.Mark's employer reimburses him $1,500 under a qualified dependent care assistance plan.The child and dependent care credit is

A) $300.
B) $600.
C) $700.
D) $1,200.