Green Company, in the renovation of its building, incurs $9,000 of expenditures that qualify for the disabled access credit. The disabled access credit is:

Name: Green Company, in the renovation of its building, incurs $9,000 of expenditures that qualify for the disabled access credit. The disabled access credit is:
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

The disabled access credit is 50% of eligible expenses over $250 and up to $10,250. Therefore, the credit for Green Company would be 50% x ($9,000 - $250) = $4,375.

Green Company, in the Renovation of Its Building, Incurs $9,000