Mr. and Mrs. Borem spent $1,435 for child care for their two dependent children, who are two and four years old. Mr. Borem's earned income was $55,870, Mrs. Borem had no earned income, and the AGI on their joint return was $66,210. Calculate their dependent care credit.

Question

Quizplus · Accepted Answer

The dependent care credit requires both spouses to have earned income unless one is a full-time student or disabled. Since Mrs. Borem had no earned income and does not meet these exceptions, they are not eligible for the credit.

Mr and Mrs