Question: QUESTION 49 Carly has two children under 13 and worked full time while her spouse, Michael, was attending college for 9 months during the year.

QUESTION 49

  1. Carly has two children under 13 and worked full time while her spouse, Michael, was attending college for 9 months during the year. Carly incurred $7,000 of child care expenses. In calculating the credit for child care expenses, the applicable percentage would be multiplied by which of the following amounts?

    a.

    $6,000

    b.

    $7,000

    c.

    $4,500

    d.

    $3,000

QUESTION 50

  1. John incurred the following expenses during 2019: $1,000 dues at a health club he joined at the suggestion of his physician to improve his general physical condition, $250 for multiple vitamins, $300 for nonprescription nicotine gum, $500 for insulin, $1,000 for prescription drugs and $3,000 for doctor's bills. Ignoring the AGI limitation, what is John's maximum allowable medical expense deduction?

    a.

    $4,500

    b.

    $4,000

    c.

    $4,750

    d.

    $5,500

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