Adrienne is a single mother with a 6-year-old daughter who lived with her during the entire year.
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Adrienne is a single mother with a 6-year-old daughter who lived with her during the entire year. Adrienne paid $3,900 in child care expenses so that she would be able to work. Of this amount, $500 was paid to Adrienne’s mother whom Adrienne cannot claim as a dependent. Adrienne had net earnings of $1,900 from her jewelry business. In addition, she received child-support payments of $21,000 from her ex-husband. What amount, if any, of child and dependent care tax credit can Adrienne claim?
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Related Book For
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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