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Larry has a wife and a 16-year disabled daughter, Suzanne, who qualifies for the disability tax credit. His Net Income For Tax Purposes is $186,000
Larry has a wife and a 16-year disabled daughter, Suzanne, who qualifies for the disability tax credit. His Net Income For Tax Purposes is $186,000 and he and his wife have medical expenses of $3,560. During 2019, Larry paid medical expenses for Suzanne of $12,400, none of which involved payments for attendant care. Suzanne has a 2019 Net Income For Tax Purposes of $5,650. What is the total amount of tax credits related to Suzanne that will be available to Larry?
Select one:
a. $27,955
b. 8,416
c. $25,725
d. $15,555
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