Chanelle is a single mother of 3-year old twins. She is going to school and also working part-time. She earns $18,000 in 2022. She also receives $2,000 per month in child support. Her child care costs are $7,500 per year for each child. How much can she deduct on her 2022 tax return? $7,500 $0, since the child support exceeds the child care costs. $16,000 $12,000
Chanelle is a single mother of 3-year old twins. She is going to school and also working part-time. She earns $18,000 in 2022. She also receives $2,000 per month in child support. Her child care costs are $7,500 per year for each child. How much can she deduct on her 2022 tax return? $7,500 $0, since the child support exceeds the child care costs. $16,000 $12,000
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 70TA
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