How much of employment-related child care expenses can be credited?

The correct answer highlights the percentage of qualifying child care expenses that can be claimed as a credit. The tax credit for employment-related child care expenses allows parents to receive 20% to 35% of qualifying expenses, depending on their adjusted gross income (AGI), with a maximum of $6,000 for families with two or more qualifying children. This means that families can potentially receive a credit on a total of $6,000 in qualifying expenses, which is substantial for managing child care costs effectively.

For those with one child, the maximum qualifying expenses allowed (typically $3,000) could lead to a credit calculated at the same percentage, but the overall cap for multiple children allows for a larger total credit. This flexibility, based on AGI, allows lower-income families a higher percentage of the credit, supporting more families effectively.

The focus on the percentage and the $6,000 cap shows that the tax code aims to alleviate the financial burden of child care, as these expenses can be significant for working families.