Brian and Natalia are married and they have two children, aged 15 and 19. The...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Brian and Natalia are married and they have two children, aged 15 and 19. The 19 year old child is paralyzed and confined to a wheelchair. Natalia and Brian pay a live-in nanny $27,000 per year to take care of their children for the entire year. Brian works full time and earns a salary of $115,000 per year. Natalia works part time, earning a salary of $44,000 per year. Natalia is also upgrading her education and goes to college part time during the fall semester, for a total of 32 weeks or 8 months in the current year. Which of the following is correct with respect to Brian and Natalia's ability to claim a deduction for child care expenses? Choose the correct answer. O A. Brian can claim child care expenses of $3,200 and Natalia can claim the remaining S12,800 B. Brian can claim child care expenses of $16,000 OC. Neither Brian nor Natalia can claim child care expenses as the child care expenses are paid to a live-in nanny. OD. Natalia can claim child care expenses of $16,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!