Multiple Choice
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 earned a salary of $20,000 and Sue 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.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Which of the following correctly describes the
Q6: An individual generally may claim a credit
Q6: Employers are encouraged by the work opportunity
Q32: For the current year, the base amount
Q34: George and Jill are husband and wife,
Q35: Bradley has two college-age children, Clint, a
Q37: Realizing that providing for a comfortable retirement
Q38: A taxpayer may qualify for the credit
Q40: Amber is in the process this year
Q77: The earned income credit is available only