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Kevin and Shuang have two children, ages 8 and 14.They spend $6,200 per year on eligible employment related expenses for the care of their children after school.Kevin earned a salary of $20,000 and Shuang earned a salary of $18,000.What is the amount of the couple's credit for child and dependent care expenses?
Agricultural Products
Products stemming from the practice of agriculture, such as crops and animal products, which can be used for food, fuel, and raw materials.
Spending
The act of using money to purchase goods or services, contributing to economic activity.
Food Purchases
Transactions involved in acquiring food products for consumption, influenced by prices, income, preferences, and availability.
Farm Products
Agricultural commodities that include a variety of food items, raw materials, and livestock produced by farming activities.
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