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
ipn [44]
3 years ago
10

Clark, a widower, maintains a household for himself and his two dependent preschool children. For the year ended December 31, 20

20, Clark earned a salary of $32,000. He paid $3,600 to a housekeeper to care for his children in his home, and also paid $1,500 to a kiddie play camp for child care. He had no other income or expenses during 2020. Before considering any limitation due to tax liability, how much can Clark claim as a child and dependent care credit in 2020
Business
1 answer:
dem82 [27]3 years ago
8 0

Answer:

$,1,326

Explanation:

Calculation to determine how much can Clark claim as a child and dependent care credit in 2020

Using this formula

Amount to claim=Tax rate*(Housekeeper salary+ Amount paid to Kiddie play camp)

Let plug in the formula

Amount to claim=26% *($3,600 + $1,500)

Amount to claim=26%*$5,100

Amount to claim=$1,326

Therefore The amount that Clark can claim as a child and dependent care credit in 2020 is $1,326

You might be interested in
Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $43.89 a share. ABC stock pays a quarterly dividend o
Leni [432]

Answer:

$144

Explanation:

$45.13 - $43.89 = $1.24 profit each share

$1.24*100 = $124

$.10×100 = $10/quarter

2 quarters = $20

$124 + $20 = $144

6 0
2 years ago
According to path-goal theory, _____ are similar to initiating structure and include setting goals, showing subordinates how to
Oduvanchick [21]

Answer:

directive behaviors

Explanation:

Path-goal theory is a theory developed on the concept of leadership.

It believes that when the leader that is the management follows a directive behavior that is it straight away provides guidance about the responsibility of the job, the nature of work to be done and the method of doing such job, then it automatically creates a aim and objective of the work done.

Directive behavior influences lower management about the technique of doing job early and that the work is done in the manner defined.

This itself aims at descriptive in nature, along with being directive.

6 0
3 years ago
The law of comparative advantage explains why a. specialization and exchange will make it possible for trading partners to expan
AleksandrR [38]

Answer:

Option (a) is correct.

Explanation:

The law of comparative advantage states that a country is producing and exporting a good in which it has a comparative advantage and importing a good in which it has a comparative disadvantage.

Therefore, this will make the countries more specialized and there is an exchange of goods among the trading nations.

Each country is then specialized in the production of a good in which it has a comparative advantage and hence, the joint output of the trading nations increases.

7 0
3 years ago
Polly secured a good grade with a 4 GPA in her admission test. However, she was denied admission by a management school. Hence,
laiz [17]

Answer:

i think correct answer us c

6 0
3 years ago
A ______________ is the making of a gift especially to a charity or public institution.
Goshia [24]

A <u>donation</u> is the making of a gift especially to a charity or public institution.

A charitable corporation or charity is an agency whose primary targets are philanthropy and social properly-being. The criminal definition of a charitable agency varies among international locations and in a few times regions of the united states of America.

The definition of charity is an act or feeling of kindness or goodwill or a voluntary gift of cash or time to those in want. An instance of charity is a donation of ten dollars a month to a nearby meals bank.

A charity helps human beings recognize that it's miles feasible to bless others in a global full of uncertainties and chaos. Giving to charity offers a deeper which means to live and facilitates us to see our purpose to the humans in our society. Giving is one of the vital meanings at the back of a charity.

Learn more about charity here brainly.com/question/1040676

#SPJ4

4 0
2 years ago
Other questions:
  • Shawna had a beginning balance in her checking account of $123.32. she wrote check #2341 for $23.77. she deposited two checks to
    10·1 answer
  • The alumni association for our college has gathered a large dataset on graduating seniors. Some of the variables in the data set
    9·1 answer
  • In March 2015, the Kansas City Chiefs signed Jeremy Maclin to a contract worth $55 million. Maclin’s salary including roster bon
    5·1 answer
  • Luis is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of the f
    14·1 answer
  • Which of the following sales and collection process activities can result in the creation of an account receivable? Receiving a
    10·1 answer
  • A bond with face value $1,000 has a current yield of 6% and a coupon rate of 8%. a. If interest is paid annually, what is the bo
    5·1 answer
  • Felicia is initially the only member of the jury who believes that the defendant is innocent. after hearing and debating felicia
    13·1 answer
  • If Andy Pforzheimer, owner of Barcelona Restaurants, were to argue with one of the restaurant managers over whether it was more
    12·1 answer
  • ◝(⁰▿⁰)◜✧˖°......................................................................................................
    8·2 answers
  • A t-account has space at the top for the account title and two sides for recording ______ and ______ to the account.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!