Question
Inderpreet Kaur is 43 years old and divorced from her husband. Her Net Income For Tax Purposes for 2020 is 50,729. She has retained the
Inderpreet Kaur is 43 years old and divorced from her husband. Her Net Income For Tax Purposes for 2020 is 50,729. She has retained the family home and both of the children of the marriage live with her. Her son is 23 years old and suffers from mental impairment. He does not qualify for the disability tax credit. Her daughter is 14 years old and in good health. Her son has Net Income For Tax Purposes of 22,312 during the year, while her daughter has Net Income For Tax Purposes of 3,427. The only other credit Ms. Kaur qualifies for is the basic personal tax credit. Determine Ms. Kaurs maximum federal tax credits for 2020.
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