4. Who can Charlie and Samantha claim as a qualifying dependent(s) for the credit for...

80.2K

Verified Solution

Question

Accounting

image

4. Who can Charlie and Samantha claim as a qualifying dependent(s) for the credit for other dependents?

a. Harry

b. Sherry and Maria

c. Harry, Sherry, and Maria

d. Since Charlie and Samantha have ITINS, they cannot claim the credit for other dependents.

5. Which credit(s) are Charlie and Samantha eligible to claim?

a. Credit for other dependents and earned income credit.

b. Child tax credit and earned income credit.

c. Child tax credit, child and dependent care credit, and credit for other dependents.

d. They don't qualify for any credits.

Advanced Scenario 2: Charlie and Samantha Collins Interview Notes Charlie and Samantha are resident aliens, married, and want to file a joint return. They have three children. Harry is 8 years old and a resident alien. Sherry is 3 years old and Maria is 1 year old and both are U.S. citizens. All three children lived with their parents in the United States all year. Charlie, Samantha, and Harry have Individual Taxpayer Identification Numbers (ITINS). Sherry and Maria have Social Security numbers. Charlie earned $38,000 in wages and Samantha earned $11,000 in wages. They had no other income. Charlie and Samantha provided all the support for their three children. Maria and Sherry attended daycare while Charlie and Samantha were at work. Charlie and Samantha did not receive benefits from a dependent care benefits plan or flexible spending account. The daycare center provided the Collins with a statement indicating the amount of $5,150 paid during 2019. The statement included the provider's name, address, Employer Identification Number, and phone number. Advanced Scenario 2: Charlie and Samantha Collins Interview Notes Charlie and Samantha are resident aliens, married, and want to file a joint return. They have three children. Harry is 8 years old and a resident alien. Sherry is 3 years old and Maria is 1 year old and both are U.S. citizens. All three children lived with their parents in the United States all year. Charlie, Samantha, and Harry have Individual Taxpayer Identification Numbers (ITINS). Sherry and Maria have Social Security numbers. Charlie earned $38,000 in wages and Samantha earned $11,000 in wages. They had no other income. Charlie and Samantha provided all the support for their three children. Maria and Sherry attended daycare while Charlie and Samantha were at work. Charlie and Samantha did not receive benefits from a dependent care benefits plan or flexible spending account. The daycare center provided the Collins with a statement indicating the amount of $5,150 paid during 2019. The statement included the provider's name, address, Employer Identification Number, and phone number

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students