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Mr. is a single parent and has four children ages 5, 7, 9 and 17. Mr.l incurs the following child care expenses for the 2021
Mr. is a single parent and has four children ages 5, 7, 9 and 17. Mr.l incurs the following child care expenses for the 2021 year.
Cost of daycare services $ 8,000 Cost of nanny babysitting services $ 1,500 Cost of 4 weeks camp for 9 year old child $ 2,800 Cost of sibling care paid to17 year old child $ 500
The amount eligible for deduction to Mr. Basil for child care expenses incurred in 2021 is: (4 marks)
A. | $ 10,000 | |
B. | $10,500 | |
C. | $12,300 | |
D. | $12,800 |
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