1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rufina [12.5K]
3 years ago
12

Mahulay's daughter attends daycare so that he can work. the daycare expenses total $3,000 for the year. mahulay paid $3,000 of t

hese expenses, but his mother, the child's grandmother, reimbursed him $3,000 for the payment of these expenses. what amount can mahulay claim for the california child and dependent care expenses (cdc) credit?
Business
1 answer:
julsineya [31]3 years ago
5 0

Answer:

The amount that Mahulay claim for the california child and dependent care expenses (cdc) credit is <u>$0</u>. That is <u>zero dollar</u>.

Explanation:

When it comes to claiming "California Child and Dependent Care Expenses (CDC) Credit", the condition is that someone should be employed to provide care or a Qualifying Person and the care provider employed should be paid.

However, the care provider employed could not be one of the persons that is possible for a tax payer to claim as  dependents, such as your spouse, the parent of the tax payer's Qualifying Person, or a child of the tax payer who is under the age of 19 (the fact they are a dependent or not does not matter here).

From the question, it is stated that the grandmother of the child reimbursed Mahulay $3,000 for the payment of daycare expenses. This implies that it not possible again for Mahulay to claim for the California Child and Dependent Care Expenses (CDC) Credit since he has already been reimbursed by the the grandmother of the child.

Therefore, the amount that Mahulay claim for the california child and dependent care expenses (cdc) credit is <u>$0</u>. That is, <u>zero dollar</u>.

You might be interested in
John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
Alika [10]

Answer:

The correct answer is (a)- Parallel teams.

Explanation:

The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.

4 0
3 years ago
Compensation in the United States is governed by a number of laws that set boundaries for what companies can do. The rules gover
lesya [120]

Answer:

<h3>I don't know otherwise please marks me as brainliests..</h3>
7 0
3 years ago
For an investment in a stock, the probability of the return being –10.0% is 0.3, 10.0% is 0.4, and 30.0% is 0.3. given the proba
Nataliya [291]
The expected return will be given by:
E(R)=Total sum of the expected return
E(R)=-0.1*0.3+0.1*0.4+0.3*0.3
E(R)=-0.03+0.04+0.09
E(R)=0.1=10%

We therefore conclude that the expected return is 10%
4 0
3 years ago
Match each of the terms below with their definitions and descriptions
Brums [2.3K]
The answer is B :)))
3 0
2 years ago
Everly Corporation acquires a coal mine at a cost of $400,000. Intangible development costs total $100,000. After extraction has
8090 [49]

Answer:

Explanation:

The journal entry is shown below:

Inventory A/c Dr $73,500

         To Accumulated depletion A/c $73,500

(Being the depletion is recorded)

The computation is shown below

First we have to compute the depletion per ton which is shown below:

= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)

= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)

= $105

Now if 700 are extracted in first year, so the depletion would be

= 700 × $105

= $73,500

8 0
3 years ago
Other questions:
  • Mutual savings banks are primarily regulated by
    13·1 answer
  • The sensitivity of bank profits to changes in interest rates can be measured more directly using ▼ duration analysis credit rati
    10·2 answers
  • The general pattern that consumption of the first few units of any good tends to bring a higher level of _______ to a person tha
    11·1 answer
  • How did Apple become successful?
    13·1 answer
  • "Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro
    7·1 answer
  • Isaac benefited from his experience working for an established private company that provided state-of-the-art lighting for music
    14·1 answer
  • Harmon opens a new restaurant, which he insures for twice its worth. Knowing his business is insured, Harmon becomes careless in
    15·1 answer
  • Use the adjusted trial balance for stockton company below to answer the questions that follow. stockton company adjusted trial b
    8·1 answer
  • Equipment was purchased for $94700 on January 1, 2021. Freight charges amounted to $3800 and there was a cost of $12000 for buil
    11·1 answer
  • There is a degree of task specialization in all societies. In the danakil region of eritrea, the afar men occasionally mine what
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!