Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. harry and wei are married and file a joint income

Harry and Wei are married and file a joint income tax return. On...

70.2K

Verified Solution

Question

Accounting

image

Harry and Wei are married and file a joint income tax return. On their 2021 tax return, they report $44,000 of adjusted gross income ($20,000 salary earned by Harry and $24,000 salary earned by Wei) and report two dependent children. During the year, they pay the following amounts to care for their four-year old son and six-year old daughter while they work. $3,200 ABC Day Care Center Blue Ridge Housekeeping Services Mindy Mason (Harry's mother) 2,000 1,000 Harry and Wei may claim a credit for child and dependent care expenses of: Oa. $1,600. Ob. $2,600. Oc. $2,100. Od. $3,100

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

Statistics
1.2K views

1 Here are scores on a math test from two different classes Class A 29...

Physics
1.2K views

Draw an example of, and compare the differences between the three types of static equilibrium

Biology
1.2K views

If chimpanzees and humans are each other's closest relatives, how do you explain the fact...

Biology
1.2K views

When Sasha moves to a new school, she worries that she won't be accepted by...

Physics
1.2K views

d V 1 57 A ring of radius R having a linear charge density moves...

Algebra
1.2K views

x 2x 15 The solution s is are x Simplify your answer Type an exact...

Accounting
1.2K views

Suppose a division of...

Accounting
1.2K views

Principal Ltd hired Agent Ltd to provide consulting services on how to increase their profit...

Accounting
1.2K views

On December 31, 2015 it was determined that ending inventory on hand was $200,000. Accounts...

Accounting
1.2K views

Amazon leased equipment from United Machines on July 1, 2020, in a finance lease. The...

Accounting
1.2K views

Which of the following gifts made by Tristan, age 49, is subject to the generation-skipping...

Finance
1.2K views

On September 30, an inn invested $27,650 in a short-term investment of 208 days. An...