The Tax Reform Act of 1986 entitles workers who pay for the care of an elderly dependent to a maximum tax credit of percent of care expenses per dependent.

Question

Quizplus · Accepted Answer

The Tax Reform Act of 1986 provides a maximum tax credit of 30 percent of care expenses for an elderly dependent. Therefore, option A is the correct choice. The other options (B, C, and D) are incorrect because they exceed the maximum tax credit provided by the Act.

The Tax Reform Act of 1986 Entitles Workers Who Pay