Henry and claudia can claim alyssa for which tax benefit (s) ?

a. dependency exemption and the child tax credit

b. dependency exemption only

c. child tax credit only

d. neither dependency exemption nor child tax credit

Question

Cohen

Business

25 August, 07:12

Henry and claudia can claim alyssa for which tax benefit (s) ?

a. dependency exemption and the child tax credit

b. dependency exemption only

c. child tax credit only

d. neither dependency exemption nor child tax credit

+2

Answers (1)

Know the Answer?

Tiana Kidd · Answer 1

The answer is dependency exemption and the child tax credit. A dependency exemption is an amount of money that can be subtracted from adjusted gross income for having dependents. The personal and dependent exemptions and qualifying family members lessen the amount of income on which will be taxed. In which in effect, these exemptions are the same as deductions while a child tax credit is a non-refundable credit that lessens the liability of a taxpayer on a currency basis which is envisioned to offer an extra measure of tax reprieve for taxpayers with succeeding dependents.

Henry and claudia can claim alyssa for which tax benefit (s) ?a. dependency exemption and the child tax creditb. dependency exemption onlyc. child tax credit onlyd. neither dependency exemption nor child tax credit

Henry and claudia can claim alyssa for which tax benefit (s) ?

a. dependency exemption and the child tax credit

b. dependency exemption only

c. child tax credit only

d. neither dependency exemption nor child tax credit