Problem
Calculate the amount of the child and dependent care credit allowed before any tax liability limitations or other credits for 2021 in each of the following cases, assuming the taxpayers had no income other than the stated amounts.
Raymond and Michele file a joint tax return. Raymond earned $83,000 during the year, while Michele earned $139,000 for the year from a part-time job. They paid $17,000 for the care of their two children under age 13.