Mr. Don Deloran has 2020 Net Income For Tax Purposes of $26,100. His spouse is dependent on him because of a physical infirmity. The infirmity is not sufficient to qualify for the disability tax credit. She has 2020 Net Income For Tax Purposes of $5,800. Mr. Deloran has no tax credits other than the basic personal credits for his spouse and himself. Determine Mr. Deloran's federal tax credits for 2020.

Question

Quizplus · Accepted Answer

The Answer of Mr. Don Deloran has 2020 Net Income For Tax Purposes of $26,100. His spouse is dependent on him because of a physical infirmity. The infirmity is not sufficient to qualify for the disability tax credit. She has 2020 Net Income For Tax Purposes of $5,800. Mr. Deloran has no tax credits other than the basic personal credits for his spouse and himself. Determine Mr. Deloran's federal tax credits for 2020.

Mr Don Deloran Has 2020 Net Income for Tax Purposes