Jim and Nancy paid a total of $17,000 in day care costs for their three children in

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Jim and Nancy paid a total of $17,000 in day care costs for their three children in 2016

The children are Cody, age 5, Karen, age 6 and Liam, age 9. Nancy is employed by the City of Ottawa and her salary is $85,000, Jim's salary is $21,000.

What is the maximum claim that can be made for childcare in 2016?

Question content area bottom

Part 1

$17,000

$16,000

$21,000

$14,000

The answer is 14,000

Related Book For answer-question

Taxation Of Individuals 2017

ISBN: 9781259548666

8th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Posted Date: Feb 23, 2024 08:59 AM

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Jim and Nancy paid a total of $17,000 in day care costs for their three children in

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Taxation Of Individuals 2017

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