Jenna and Fred are married with two children, ages 4 and 2. Jenna and Fred...
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Accounting
- Jenna and Fred are married with two children, ages 4 and 2. Jenna and Fred both work full time, so they pay a day-care $12,000 in 2019 to take care of their children. Jennas wages are $87,000, and Freds wages are $84,000. They have no other income or adjustments to gross income. Compute their credit for child and dependent care credit for 2019.
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