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Problem 1: John has two sons. David is 3-year-old, and Tommy turned 13 on May 1st in 2019. John paid a local daycare provider $12,000 for David from January through December and $3,000 for Tommy from January through June. John's earned income is 60,000. What is the maximum amount of qualified expenses John can use to figure the child and dependent care credit?
Select one:
a. $ 3,000b. $ 6,000 This answer is incorrect. $6,000 is the maximum amount on which the child and dependent care credit can be figured for two or more qualifying children.c. $15,000d. $ 5,000
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