If the tentative minimum tax is $120,000 and the regular income tax liability is $100,000, AMT is $20,000.
Loyd and Heidi Forman living in Portland, Oregon, with AGI of $99,800 and pay for assistant child care of $15,000 per year for their two child: Brett who is 21 years old and disabled in wheelchair and Kayla who is 12 years old and in elementary school.
For tax year 2019, what amount of eligible Child and Dependent Care Credit can Mr. and Mrs. Forman take?
A. $3,000
B. $0
C. $500
D. $2,000
E. $1,200
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 03:10, kingbob101
Jackson is preparing for his hearing before the federal communications commission (fcc) involving a complaint that was filed against him by the fcc regarding the interruption of radio frequency. the order to "cease and desist" using the radio frequency has had a detrimental impact on his business. once the administrative law judge prepares his or her initial order, jackson has no further options. no, jackson can request that the matter be reviewed by an agency board or commission. yes, once the initial order is presented, it's only a matter of time before the order becomes final.
Answers: 3
Business, 22.06.2019 11:50, 2kdragginppl
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
Business, 22.06.2019 23:10, nataliemakin7123
R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u. s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.
Answers: 3
Do you know the correct answer?
If the tentative minimum tax is $120,000 and the regular income tax liability is $100,000, AMT is $2...
Questions in other subjects:
World Languages, 02.12.2021 21:20
History, 02.12.2021 21:20
Computers and Technology, 02.12.2021 21:20
