Which of the following credits would not apply to the Bosteins?
Karen and her husband, Jeffrey, are facing a new income tax situation this year. She is a corporate accountant and Jeffrey is an engineer. Their gross salaries total $89,000. Both graduated from four-year universities five years ago and are still paying off large student loans. She is now attending school part-time to prepare for the CPA exam. The Bosteins incurred considerable expenses in the process of adopting an infant this year, and they have the ongoing expense of daycare. In January of last year they closed on their new home. Although trained as an accountant, Karen's work has not involved income tax preparation. Help them consider the following questions.
A) Adoption credit
B) Health care premium credit (children's version)
C) Child and dependent care credit
D) Lifetime Learning tax credit
Answer: B
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The country expected to have the largest population in 2050 is ________.
A. China B. Brazil C. Russia D. the United States E. India
An employee was injured while at work. In which situation would the case not need to be recorded under OSHA?
A. The employee lost consciousness. B. The employee required first aid. C. The worker missed two days of work because of the injury. D. The injury led to work restrictions.
Flexible-price policies are illegal in the United States.
Answer the following statement true (T) or false (F)
Which of the following best describes partition??
A) ?A tenancy in entirety ended due to incapacity of one or more tenants B) ?A joint tenancy destroyed by the death of two or more owners C) ?A joint tenancy destroyed by one joint tenant suing for a division of the property D) ?A tenancy in common ended by the death of one or more owners