IUI V U J. 13-39 Dependent Care Credit. M and B are married, have a son three years old, and file a joint return for the current year. They incurred $500 a month for daycare center expenses. During the year, B earned $23,000 but M did not work outside the home. They do not have any other source of income nor do they claim any deductions for adjusted gross income. Determine the allowable dependent care credit for the year if: a. M enrolled as a full-time student in a local community college on September 6 of the current year. b. M was in school from January through June and from September through December of the current year. Ci single parent raising a son who is eight years old.