Susan beale is a single mother with two children ages three


Susan Beale is a single mother with two children, ages three and six. She pays a total of $7,000 each year to a neighbor to care for her children while she works. Her employer reimburses $4,000 of this amount. Before considering the child care payments and reimbursement, her adjusted gross income is $44,000 and her taxable income is $36,000. Assuming that Susan files as a head of household, how should she report the child care payments and any allowable child care credit?  

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Susan beale is a single mother with two children ages three
Reference No:- TGS01222782

Expected delivery within 24 Hours