Maria, a single parent, maintains a household for herself and her three dependent children (ages 3, 5, and 7). For the year ended December 31, 2015, Maria earned a salary of $27,500. She paid $4,200 for after- school care and $3,800 for summer day camp for her children. She had no other income or expenses during 2015. How much can Maria claim as a child and dependent care credit in 2015? a. $1,680 b. $2,100 c. $2,450 d. $8,000
Maria, a single parent, maintains a household for herself and her three dependent children (ages 3, 5, and 7). For the year ended December 31, 2015, Maria earned a salary of $27,500. She paid $4,200 for after- school care and $3,800 for summer day camp for her children. She had no other income or expenses during 2015. How much can Maria claim as a child and dependent care credit in 2015? a. $1,680 b. $2,100 c. $2,450 d. $8,000
Chapter3: Computing The Tax
Section: Chapter Questions
Problem 41P
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Transcribed Image Text:Maria, a single parent, maintains a household for herself and her three
dependent children (ages 3, 5, and 7). For the year ended December
31, 2015, Maria earned a salary of $27,500. She paid $4,200 for after-
school care and $3,800 for summer day camp for her children. She
had no other income or expenses during 2015. How much can Maria
claim as a child and dependent care credit in 2015?
a. $1,680
b. $2,100
c. $2,450
d. $8,000
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