Tom may claim a credit for child and dependent care


Tom, unmarried, pays Heloise (a housekeeper) $6,100 to care for his physically incapacitated mother so that he can be gainfully employed. He has earned income of $38,000, adjusted gross income of $40,000, and claims his mother as a dependent. Tom's mother has lived with him for the entire year. Tom may claim a credit for child and dependent care expenses of _____.

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Accounting Basics: Tom may claim a credit for child and dependent care
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