Marvin and Pamela are married,file a joint return,and have two children,ages 9 and 11.Their combined AGI is $65,000.Marvin's earned income is $40,000; Pamela's is $25,000.They incur $6,500 of child care expenses to enable them to be employed during the current year.Their child and dependent care credit is
A) $1,200.
B) $1,300.
C) $1,800.
D) $6,000.
Correct Answer:
Verified
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