Larry Osborne has a wife and a 16 year disabled daughter, Suzanne, who qualifies for the disability tax credit. His Net Income For Tax Purposes is $186,000 and he and his wife have medical expenses of $3,560. During 2020, Larry paid medical expenses for Suzanne of$12,400, none of which involved payments for attendant care. Suzanne has a 2020 Net Income For Tax Purposes of $5,650. Determine the total amount of tax credits related to Suzanne that will be available to Larry.

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The Answer of Larry Osborne has a wife and a 16 year disabled daughter, Suzanne, who qualifies for the disability tax credit. His Net Income For Tax Purposes is $186,000 and he and his wife have medical expenses of $3,560. During 2020, Larry paid medical expenses for Suzanne of$12,400, none of which involved payments for attendant care. Suzanne has a 2020 Net Income For Tax Purposes of $5,650. Determine the total amount of tax credits related to Suzanne that will be available to Larry.

Larry Osborne Has a Wife and a 16 Year Disabled