Harry and Wei are married and file a joint income tax return. On their tax return, they report $44,000 of adjusted gross income ($20,000 salary earned by Harry and $24,000 salary earned by Wei) and report two dependent children. During the year, they pay the following amounts to care for their four-year old son and six-year old daughter while they work. Harry and Wei may claim a credit for child and dependent care expenses of:
A) $840.
B) $1,040.
C) $1,200.
D) $1,240.
Correct Answer:
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