Homer and Marge Sampson have three children. The ages of the children are 4, 9...
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Accounting
Homer and Marge Sampson have three children. The ages of the children are 4, 9 and 14. None of the children are infirm nor disabled. Homer has net employment income of $17,473, after the deduction of employment expenses of $12,081. Marge has net business income during the year of $43,032 after deducting business expenses of $20,000. The childcare costs for the year are $9,288. What is the maximum deduction for child care costs that can be claimed (you do not need to indicate which spouse claims the costs; just indicate the maximum dollar amount that can be claimed)
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