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The credit is affected by your adjusted gross income, but the credit is not completely lost if your income is too high. If your adjusted gross income is over 43,000 dollars your credit is limited to 20% of your child care expenses or your tax liability (whichever is smaller).
The credit is affected by your adjusted gross income, but the credit is not completely lost if your income is too high. If your adjusted gross income is over 43,000 dollars your credit is limited to 20% of your child care expenses or your tax liability (whichever is smaller).
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