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Marty and Jean are married and have 4-year-old twins. Jean is going to school full- time...

Marty and Jean are married and have 4-year-old twins. Jean is going to school full- time for 9 months of the year, and Marty earns $45,000. The twins are in day care so Jean can go to school while Marty is at work. The cost of day care is $10,000. What is their child and dependent care credit? Please explain your calculation.

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Answers is highlighted in yellow: Per Tax rule 2018: Solution: 900 Answer Explanation: As per IRS, child and dependent care c

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