How Do Tax Brackets Work?
Tax brackets help determine your taxes owed-let's take a look at how they work!
ReadThe Child and Dependent Care Credit helps taxpayers provide care for their dependents while they work or look for work. Qualifying care programs include preschool, summer day camps, after-school programs, and adult day care centers. The amount of the credit may change from year to year, and there are phase-out limits for higher-income earners, but the credit applies to both children under 13 and also to dependent adults. If you are married, both you and your spouse must work or be a full-time student in order to qualify.
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