Mr. Ram is net income is $ 70,000. Mr. Ram is married and his wife, Mia has net income of $ 8,800. Mia's 73 year old mother, Bernice, lives with them. Berinice has a mental infirmity that is not servere enough to qualify for the disability tax credit. Howevr, it does make her dependent on Ethan and Mia. Because of a large investment portfolio, Bernice's net income for 2023 is $ 19,000 What is the caregiver non refunable federal tax credit

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To calculate the caregiver nonrefundable federal tax credit for Mr Ram we need to consider the follo... View the full answer