1. A single-parent taxpayer\'s child is 10 years old and attending Junior High f
ID: 2572194 • Letter: 1
Question
1. A single-parent taxpayer's child is 10 years old and attending Junior High for the first time. The Junior High does not provide an after-school program like the elementary school did last year. The taxpayer is now paying for a sitter to watch the child after school, until the taxpayer returns from work. Which subsection of the IRC allows a credit for the taxpayer's child care expenses?
Enter your response in the answer fields below.
Type the section here.Examples of correctly formatted sections are shown below.
IRC § ( ) ( )
2. For 2017, a MFJ couple had regular taxable income of $80,000 despite benefiting from tax-exempt interest on private activity bonds issued in 2009; claiming multiple personal exemptions; and significant itemized deductions for medical expenses, state taxes paid, and real property taxes paid. This couple needs to determine their alternative minimum taxable income. Which subsection of the IRC defines alternative minimum taxable income?
Enter your response in the answer fields below.
IRC § ( ) ( )
Explanation / Answer
1. IRC § (21) (1) , section 21 of the Internal Revenue Code (IRC).
2. IRC § ( 55 ) ( 2)
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.