Pedro Viera and Valeria Real are married, filing a joint return, and have two dependent children under the age of 17. Valeria's mother, Sofia Real, lives with them. She is permanently and totally disabled. Sofia received Social Security benefits that are not taxable and were not used for her support. The children qualify for claiming both the non refundable and refundable child tax credit. The Social Security number for Pedro is 134-00-X000X (date of birth: 09/23/1982) and for Valeria is 135-00-XXXXX (date of birth: 01/25/1980). They have a daughter, Crystal (date of birth: 05/13/2012; SSN: 136-00-XXXXX), and a son, Louis (date of birth: 02/15/2014; SSN: 137-00-XXXX). Sofia Real's SSN is 138-00-XXXXX (date of birth: 03/30/19 They do not itemize deductions. The Puerto Rico tax liability for 2023 is $ 6,200. Pedro and Valeria provided the entire cost of maintaining the household and all the support for their children and for Sofia. If a refund or balance is due, Pedro and Valeria would like a direct deposit to or direct debit from their checking account 53890; routing number 06790xxxxx. 1 Pedro and Valeria's total income shown on line 1a of Form 1040 is: so $76,912 586,912 593,206 2 Pedro and Valeria are eligible to claim which of the following non-refundable credits on their 2023 tax return? Other Dependent Credit Foreign tax credit
Pedro Viera and Valeria Real are married, filing a joint return, and have two dependent children under the age of 17. Valeria's mother, Sofia Real, lives with them. She is permanently and totally disabled. Sofia received Social Security benefits that are not taxable and were not used for her support. The children qualify for claiming both the non refundable and refundable child tax credit. The Social Security number for Pedro is 134-00-X000X (date of birth: 09/23/1982) and for Valeria is 135-00-XXXXX (date of birth: 01/25/1980). They have a daughter, Crystal (date of birth: 05/13/2012; SSN: 136-00-XXXXX), and a son, Louis (date of birth: 02/15/2014; SSN: 137-00-XXXX). Sofia Real's SSN is 138-00-XXXXX (date of birth: 03/30/19 They do not itemize deductions. The Puerto Rico tax liability for 2023 is $ 6,200. Pedro and Valeria provided the entire cost of maintaining the household and all the support for their children and for Sofia. If a refund or balance is due, Pedro and Valeria would like a direct deposit to or direct debit from their checking account 53890; routing number 06790xxxxx. 1 Pedro and Valeria's total income shown on line 1a of Form 1040 is: so $76,912 586,912 593,206 2 Pedro and Valeria are eligible to claim which of the following non-refundable credits on their 2023 tax return? Other Dependent Credit Foreign tax credit
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 45CP
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