Question

A taxpayer maintains a household and is entitled to claim an incapacitated adult child as a...

A taxpayer maintains a household and is entitled to claim an incapacitated adult child as a dependent. The child lives during the week at an adult daycare center and on the weekends at home with the taxpayer. The taxpayer pays a fee to the center so the taxpayer can be gainfully employed. Does the fee qualify for treatment as a qualifying expense for purposes of the child and dependent care tax credit? Why or why not?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Page: - Soli- A tax player maintains a houge hold and entitled to claim an yn capaciated adult child as a dependent. child an(1 page2r 2 7 paying for child care and dependent Care can be very expensive. -). There is a tar credit to help defray the co

Add a comment
Know the answer?
Add Answer to:
A taxpayer maintains a household and is entitled to claim an incapacitated adult child as a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • A taxpayer maintains a household and is entitled to claim an incapacitated adult child as a...

    A taxpayer maintains a household and is entitled to claim an incapacitated adult child as a dependent. The child lives during the week at an adult daycare center and on the weekends at home with the taxpayer. The taxpayer pays a fee to the center so the taxpayer can be gainfully employed. Does the fee qualify for treatment as a qualifying expense for purposes of the child and dependent care tax credit? Why or why not?

  • 3) Give an example of a situation where a taxpayer's child can be considered a dependent...

    3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...

  • 3) Give an example of a situation where a taxpayer's child can be considered a dependent...

    3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...

  • Indicate whether the taxpayer would be entitled to file using the head-of-household rate schedule. Y is...

    Indicate whether the taxpayer would be entitled to file using the head-of-household rate schedule. Y is divorced from her husband. She maintains a home in which she and her 10-year-old son live. Her ex-husband pays child support to her that she used to provide all of the support for the child. In addition, Y has relinquished her right to claim her son as a dependent to her former spouse. C is divorced from his wife. He provides 75% of the...

  • Clark maintains a household for himself and his two dependent preschool children and files as head...

    Clark maintains a household for himself and his two dependent preschool children and files as head of household. For the year ended December 31, 2018, Clark earned a salary of $62,000. He paid $3,600 to a housekeeper to care for his children in his home, and also paid $1,500 to a kiddie play camp for child care. He had no other income or expenses during 2018. His tax liability before any credits is $5,011. How much can Clark claim as...

  • 45 Which of the following taxpayers is eligible to claim the head of household filing status?...

    45 Which of the following taxpayers is eligible to claim the head of household filing status? Marks: 1 Choose one answer a. The taxpayer's boyfriend lived in the taxpayer's home all of 2018. The boyfriend qualifies as the taxpayer's dependent b. The unmanied taxpayer pays more than half the cost of keeping his father in an assisted living facility. The father qualifes as the taxpayer's dependent c. The taxpayers married child lived in the taxpayer's home for the entire year....

  • A taxpayer's adjusted gross income is $120,000. Explain if the taxpayer can claim the following independent items for the dependent care credit and if not, why. (A) The dependent care expenses wer...

    A taxpayer's adjusted gross income is $120,000. Explain if the taxpayer can claim the following independent items for the dependent care credit and if not, why. (A) The dependent care expenses were paid to the taxpayer's mother. (B) The dependent care expenses were paid to the taxpayer's 18-year-old son, who is NOT a dependent of the taxpayer. (C) The taxpayer's only dependent will turn 13 years old on July 15 of the current year. (D) The dependent-care services were provided...

  • he taxpayer in every case below is a U.S. citizen and not a dependent. Which of...

    he taxpayer in every case below is a U.S. citizen and not a dependent. Which of the following individuals meets the dependency tests as a qualifying child of the taxpayer? Laura (19) left home three years ago and moved in with her sister (21), the taxpayer. Laura is a full-time student who paid less than 50% of her own support and earned $15,000. Trinity's mom left Trinity (6) with the taxpayer about two years ago and has not been heard...

  • Question 1 (1 point) A widow with a dependent child uses the married filing jointly filing...

    Question 1 (1 point) A widow with a dependent child uses the married filing jointly filing status for the two years immediately after the year of the spouse's death. 1) True 2) False Question 2 (1 point) Abe and Tammy divorced in 2009. Abe continues to support Tammy's mother, who lives in a nursing home. Abe cannot claim his mother-in-law as a dependent because she no longer passes the relationship test. ( 1) True 2) False Question 3 (2 point)...

  • 8 Credits [1] If a taxpayer qualifies for the Earned Income Credit, such credit can be...

    8 Credits [1] If a taxpayer qualifies for the Earned Income Credit, such credit can be subtracted from A. Gross income to arrive at adjusted gross income. B. Adjusted gross income to arrive at taxable income. C. The tax owed, or can result in a refund, but only if the taxpayer had tax withheld from wages. D. The tax owed, or can result in a refund, even if the taxpayer had no tax withheld from wages. [2] Which of the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT