How much can they deduct from childcare expenses, Mathematics

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A family may deduct 24% of their childcare expenses from their income tax owed. If a family had $1,345 in childcare expenses, how much can they deduct?

Find out 24% of $1,345 by multiplying by the decimal equivalent of 24% (0.24); $1,345 × 0.24 = $322.80. $322.80 can be deducted.

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