Mary lived with her 5 year old daughter,Amy, and her best friend,Sarah,for all of 2020.Sarah...
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Accounting
Mary lived with her 5 year old daughter,Amy, and her best friend,Sarah,for all of 2020.Sarah lost her job in late 2019 and Mary agreed to let her move into her house in exchange for full time child care until she is able to find employment. Mary earned 185000 in 2020. Sarah did not earn any money in 2020,and Mary paid 100% of the household support. How much,if any, will Mary benefit from the combination of the Child Tax Credit and the Credit for Other Dependents in 2020? a) 0 b) 500 c) 2000 d) 2500
USA
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