question archive Jamil and Vicki have one child, aged 3, for whom they paid childcare expenses of $2,500 this year
Jamil and Vicki have one child, aged 3, for whom they paid childcare expenses of $2,500 this year
Subject:FinancePrice: Bought3
Jamil and Vicki have one child, aged 3, for whom they paid childcare expenses of $2,500 this year. If they are eligible for a 20% dependent care credit plus child tax credit, by how much will these credits reduce their tax liability?
$500
$3,000
$2,000
$2,500
$1,500
