Clark maintains a household for himself and his two dependent preschool children and files as head of household.For the year ended December 31, 2018, Clark earned a salary of $62,000.He paid $3,600 to a housekeeper to care for his children in his home, and also paid $1,500 to a kiddie play camp for child care.He had no other income or expenses during 2018.His tax liability before any credits is $5,011.How much can Clark claim as a child and dependent care credit, child tax credit, and additional child tax credit in 2018?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q4: Amounts paid to a relative generally do
Q5: Married taxpayers must generally file a joint
Q16: Avery is a single, 26-year-old graduate student
Q30: Caprice is a single 42-year-old with income
Q31: Phillip and Naydeen Rivers are married with
Q33: The child and dependent care provisions:
A)Apply only
Q37: Clark, a widower, maintains a household for
Q39: Which of the following is not a
Q41: Jeff is a stay-at-home father who earns
Q42: Martin and Rachel are married and have
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents