Roy and Monica are married and will file a joint return. They have a daughter,...
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Roy and Monica are married and will file a joint return. They have a daughter, Rachel, age 5. While Roy works and Monica looks for work, Rachel stays at Wee Care. Monica is not disabled. In 2011, they paid $1,500 for child care. Roys earned income was $24,000 and Monica had no earned income. What is the amount of their child and dependent care credit?
A) $1,500
B) $0
C) $450
Accodiding to the answer key,the right answer is B. Please explain why?
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