Social considerations can be used to justify:
A)Allowance of a credit for child care expenses.
B)Allowing excess capital losses to be carried over to other years.
C)Allowing accelerated amortization for the cost of installing pollution control facilities.
D)Allowing a Federal income tax deduction for state and local sales taxes.
E)None of the above.

Question

Quizplus · Accepted Answer

Allowing a credit for child care expenses can be justified based on social considerations as it helps families with children and can promote workforce participation, especially among women.

Social Considerations Can Be Used to Justify