A daycare facility watches the taxpayer's two (2) children for a cost of $4,500 apiece...
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A daycare facility watches the taxpayer's two children for a cost of $ apiece during TY At the same time, the employer pays for $ apiece as a dependent care benefit to the taxpayer as a working benefit. What amount of expenses is the taxpayer allowed to claim on the Form for the purposes of the credit for dependent care expenses?Select one: a SO; The employer payments are the same as the allowable expenses and no credit is allowed. b $; The employer payments do not reduce the amount of expenses for thipurposes of calculating thecrecic. None of these answers are correct. d $; The leftover amounts after subtracting the employer credits are used for the purposes of calculating
A daycare facility watches the taxpayer's two children for a cost of $ apiece during TY At the same time, the employer pays for $ apiece as a dependent care benefit to the taxpayer as a working benefit. What amount of expenses is the taxpayer allowed to claim on the Form for the purposes of the credit for dependent care expenses?Select one: a SO; The employer payments are the same as the allowable expenses and no credit is allowed. b $; The employer payments do not reduce the amount of expenses for thipurposes of calculating thecrecic. None of these answers are correct. d $; The leftover amounts after subtracting the employer credits are used for the purposes of calculating
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