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QID: #48084
Solution for QID #48084: Mrs. and Mr. Anders have three children who, at the end of t | StudyHelpMe
Mrs. and Mr. Anders have three children who, at the end of the current year, are 4, 12, and 18 years of age. The 18 year old child has a serious physical infirmity, but does not qualify for the disability tax credit. Mrs. Anders had earned income of $18,000, while Mr. Anders had earned income of $69,000. Payments for child care were $190 per week for a total of 50 weeks.
During the current year, Mrs. Anders spent six weeks in jail as the result of a conviction for possession of an illegal substance. Following her release, Mr. Anders spent three weeks in the hospital because of a stress related disorder.
Determine the maximum deduction for child care costs and indicate who should claim them.
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