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Author Question: Max and Alexandra are married and incur $5,500 of qualifying expenses to care for their two ... (Read 34 times)

TVarnum

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Max and Alexandra are married and incur $5,500 of qualifying expenses to care for their two children, ages 2 and 5. Max's earned income is $35,000 and Alexandra's earnings from a part-time job are $5,000. What is the amount of the qualifying expenses for purposes of computing the child and dependent care credit?
◦ $3,000
◦ $5,000
◦ $5,500
◦ $6,000


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Marked as best answer by TVarnum on Sep 13, 2020

abctaiwan

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TVarnum

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it


Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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