If the credit card charges a 15% APR, interest could cost you between $400 and $450 per year. Here's how to figure it out: 1  Divide your APR by 365 days per year. 2  15% / 365 = (about) .04%.
â¢ Income eligibility limit:In 2011, a family of three in Florida could qualify for child care assistance with an. annual income up to $27,468 (148 percent of poverty, 47 percent of state median income).1. â¢ Waiting list: Florida had 67,988 children on a waiting list for child care assistance as of February 2011, and.
Once you determine your allowable expense amount, your actual credit is limited to a percentage of that figure. So, regardless of how much you pay, the potential maximum child- and dependent-care credit is $1,050 (35% of $3,000) for the care of 1 person, twice that for 2 or more. Depending upon your income, the percentage range drops from 35% to 20% of your allowable care costs. The 35% rate is only for lower-income taxpayers.