Mr. & Mrs Grnager both work full time.  They have three children ages 16, 6, and 3.  In 2021, the Grangers' paid $13,750 of qualifying expenses for child care for their two youngest children.  For purposes of claiming the Child and dependent Car credit, how much of their qualifying expenses can they consider?

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Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.