tax Exam Advocis - Copy (4)

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Accounting

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Nov 24, 2024

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Dan and Miriana Scott have 2 children who turned 6 and 9 years old this year. The children attended overnight camp for 5 weeks during the summer, at a cost of $500 per week for each child. The children's absence allowed Miriana to completely focus on her work. The family incurred no other child-care expenses this year. Miriana's income is $40,000 while Dan's is $100,000. How much can the Scotts claim as child care expenses? Question 4 options: a) $250 b) $500 c) $1,375 d) $5,000
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