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]
2 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]2 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
A formal agreement between separately owned and controlled facilities to officially coordinate and share certain activities is m
notka56 [123]

Answer:

An affiliation

Explanation:

An affliation in management refered to act of associating, this could be a former agreement on a particular projects, whereby there is agreement between the partners to carry out a certain activities and how it's officially coordinated. It usually employed among organizations.

Therefore, from the question Formal agreement between separately owned and controlled facilities to officially coordinate is known as an affiliation

3 0
3 years ago
On March 15, a fire destroyed Sheridan Company's entire retail inventory. The inventory on hand as of January 1 totaled $5900000
likoan [24]

Answer:

the approximate value of the inventory that was destroyed is $4,862,000.

Explanation:

Use the Gross Profit percentage to find the value of the inventory that was destroyed.

Sales                                                          $4,140,000

Less Cost of Goods Sold

Opening Inventory          $5,900,000

Add Purchases                $2,032,000

Add Freight In                     $242,000

Available                            $8,174,000

Less Inventory Lost         ($4,862,000)

Cost of Sales                                             (3,312,000)

Gross Profit at 20%                                    $828,000

Conclusion :

The Value of  inventory that was destroyed is $4,862,000.

3 0
3 years ago
Hershey's decides to start using a compostable material in which to wrap their chocolate. Unfortunately, this material begins br
OLEGan [10]

Answer:No

Explanation: the company requested to the team to develop an alternative to improve the client's satisfaction and reduce loss

5 0
3 years ago
In the United States, ________ laws prohibit collusion between rivals. a. competitive arbitration
qaws [65]

Answer:

the answer is antitrus ..

6 0
2 years ago
11. (-/1 Points] DETAILS BRECMBC9 5.11.010.
Lisa [10]

Answer:

2190 ; 2560 ;

$778.2

Explanation:

Total worth of gasoline sold = 16003.50

Cost of regular = 3.30

Cost of premium = 3.45

Let :

premium Gallon sold = x

Regular gallon sold = 370 + x

Hence, mathematically;

(3.45*x) + (3.30 * (x + 370)) = 16003.50

3.45x + 3.30x + 1221 = 16003.50

6.75x = 16003.50 - 1221

6.75x = 14782.5

x = 14782.5 / 6.75

x = 2190

Premium Gallon sold = 2190 gallons

Regular gallon sold = 2190 + 370 = 2560 gallons

Profit per regular gallon sold = $0.15

Progit per premium Gallon sold = $0.18

Total profit = (2190 * 0.18) + (2560 * 0.15) = $778.2

7 0
2 years ago
Other questions:
  • Sergio's employer covers 80% of the cost of a $3300-per-year health insurance plan and 70% of the cost of a $1400-per-year disab
    11·2 answers
  • The nine-digit number that identifies the bank that a check came from is called a(n) _____. A.account number. B.bank number. C.c
    7·2 answers
  • Michelle Townsend owns stock in National Computers. Based on information in its annual report, National Computers reported after
    10·1 answer
  • Work in Process Inventory
    15·1 answer
  • It is the list of material or ingredients for a project​
    9·1 answer
  • The declaration, record, and payment dates in connection with a cash dividend of $54,000 on a corporation's common stock are Oct
    14·1 answer
  • The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.05 per share on its stock. The dividends are expected to grow at
    9·1 answer
  • In early 2018, selected automobiles had an average cost of $20,000. The average cost of those same motor vehicles is now $24,000
    8·1 answer
  • Pension funds pay lifetime annuities to recipients. If a firm will remain in business indefinitely, the pension obligation will
    5·1 answer
  • When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of _
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!