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Your clients, Mr. Barton and Ms. Poor have lived together for over 15 years and have three children. The ages of the children at the

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Your clients, Mr. Barton and Ms. Poor have lived together for over 15 years and have three children. The ages of the children at the end of the current year are 3, 11, and 15. All three children enjoy good mental and physical health. Mr. Barton works as a carpenter and has received income for the year of $52,000. However, he will only report $12,000 of this total in his current tax return (he believes that, because most of the income is received in cash and he has no receipts for his expenses, he does not have to report the full amount). Ms. Poor has business income of $62,000, all of which she reports. The child care costs for the current year, all paid for by cheque and properly documented for tax purposes, total $11,200. Required: repare a memo to your client indicating the maximum deduction for childcare costs and indicate who should claim Your clients, Mr. Barton and Ms. Poor have lived together for over 15 years and have three children. The ages of the children at the end of the current year are 3, 11, and 15. All three children enjoy good mental and physical health. Mr. Barton works as a carpenter and has received income for the year of $52,000. However, he will only report $12,000 of this total in his current tax return (he believes that, because most of the income is received in cash and he has no receipts for his expenses, he does not have to report the full amount). Ms. Poor has business income of $62,000, all of which she reports. The child care costs for the current year, all paid for by cheque and properly documented for tax purposes, total $11,200. Required: Prepare a memo to your client indicating the maximum deduction for childcare costs and indicate who should claim them Note, you may submit your answer via the textbox provided below OR upload your handwritten work with the link provided in this specific question (maximum 3 pages, jpg/.pdf acceptable). Recommended time: 10 minutes

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