Please answer questions below 1. The maximum amount Adam and Lisa are...
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Accounting
Please answer questions below
1. The maximum amount Adam and Lisa are elgible to claim for the Child Tax Credit is $4000? (True or False)
2. Payments made to Luis can be claimed on Form 2441 as child and dependent care expenses (True or False)
- Adam and Lisa are married and want to file a joint return. - Adam is a U.S. citizen and has a valid Social Security number. Lisa is a resident alien and has an ITTN. They resided in the United States all year with their children. - Adam and Lisa have two children, Maria, age 11, and Luis, age 17. Maria and Luis are U.S. citizens and have valid Social Security numbers. - Adam carned $22,000 in wages. - Lisa carned $20,000 in wages. - In order to work, the Gareias paid $2,000 to their son Luis to care for Maria affer school. - Adam and Lisa provided all of the support for their two children. 4. The maximum amount Adam and Lisa are eligible to claim for the Child Tax Credit is $4,000
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