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Annual Household Income: $24,700.00 Tax-Filing Status: Single Withholding Allowances: 1
Annual Household Income: $45,000.00 Tax-Filing Status: Joint Withholding Allowances: 3
* These are examples only. Please consult your tax advisor to estimate your own tax savings.
Many households with earnings of $40,000 or more find the Dependent Care Assistance Account more advantageous than the tax credit. GDI urges you to consult with your tax advisor.