14. Marty and Dee have 2 qualifying children for the child and dependent care credit. They paid $5,200 for their eligible work-related expenses. Marty's W-2 shows $56,720 in wages box 1. Dee was a full-time student for 10 months. The dollar limit for their work-related childcare expenses is: $3,000 $5,000 $5,200 $6,000 None of these
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Since Marty and Dee have 2 qualifying children, the maximum amount they could claim would be $3,000 x 2 = $6,000. However, the actual amount of work-related expenses they paid was $5,200. Show more…
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