Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Darrell (46) is unmarried. His mother, Marlene (81), lives in a nursing home. Darrell pays the entire cost of the nursing home and more than

Darrell (46) is unmarried. His mother, Marlene (81), lives in a nursing home. Darrell pays the entire cost of the nursing home and more than 50% of Marlene's total support. Darrell's wages were $77,000; Marlene's income consisted of $1,800 taxable interest and $9,600 social security benefits. Does Darrell meet the qualifications for claiming the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit?

1. Darrell is eligible to claim the Child Tax Credit/Additional Child Tax Credit.

2. Darrell is eligible to claim the Other Dependent Credit.

3. Darrell is not eligible to claim the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics An Intuitive Approach with Calculus

Authors: Thomas Nechyba

1st edition

978-0538453257

Students also viewed these Accounting questions