Mr. John Foret is 42 years old and divorced from his wife. His Net Income For Tax Purposes consists of rental income. He has retained the family home and both of the children of the marriage live with him. His daughter is 23 years old and has a physical disability that makes her wholly dependent on him for support. However, she does not qualify for the disability tax credit. His son is 14 years old and in good health. His daughter has no income during 2020,while his son has Net Income For Tax Purposes of $2,100. Determine Mr. Foret's maximum federal tax credits for 2020.

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The Answer of Mr. John Foret is 42 years old and divorced from his wife. His Net Income For Tax Purposes consists of rental income. He has retained the family home and both of the children of the marriage live with him. His daughter is 23 years old and has a physical disability that makes her wholly dependent on him for support. However, she does not qualify for the disability tax credit. His son is 14 years old and in good health. His daughter has no income during 2020,while his son has Net Income For Tax Purposes of $2,100. Determine Mr. Foret's maximum federal tax credits for 2020.

Mr John Foret Is 42 Years Old and Divorced from His