?how much was their child and dependent care tax credit

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Question

Gabe and Dana are married and file jointly. For 2019, Gabe earned $150,000 and Dana earned $20,000 working part time as a party planner. They have two young children, a 4-year old son, Mike, and a 6-year old daughter, Chrissy. In order to work, they paid the following for day care to have their children watched and cared for:

Best Beginning Day Care $4,000

Bay Child Care & Housekeeping 2,000

Mrs. Goetz (Dana's mother) 1,000

?How much was their child and dependent care tax credit for 2019?

Reference no: EM132405108

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