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please help Question 4 (7 marks; budget 9 minutes Melanie and Bruce Jones have three children who, at the end of the current year, are
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Question 4 (7 marks; budget 9 minutes Melanie and Bruce Jones have three children who, at the end of the current year, are 4, 12, and 18 years of age. Payments for child care were $190 per week for a total of 50 weeks. Before deducting any child care expenses, the net incomes for Melanie and Bruce are composed of the following: Melanie $18,000 Salaries RPP deduction Interest income Taxable capital gains Bruce $69,000 (3,000) 500 $12.500 $31.000 $66.000 During the current year, Mrs. Jones spent seven weeks in jail as the result of a conviction for possession of an illegal substance. Following her release, Mr. Jones spent three weeks in the hospital because of a stress related disorder. Required: Determine the maximum deduction for child care costs and indicate who should claim them Step by Step Solution
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