Bud and Stella Are Married,file a Joint Return,and Have One

question 60

Multiple Choice

Bud and Stella are married,file a joint return,and have one child,age 3.Their combined AGI is $35,000.Bud and Stella incur $3,500 of child care expenses during the current year.The child and dependent care credit is

• A)$600.
• B)$700.
• C)$750.
• D)$875.

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Definitions:

Operating Characteristic

A function or curve that describes the discerning capacity of a statistical test, defining the probabilities of accepting a hypothesis over a range of values.

Sample Size

The number of individuals or observations used in a study, affecting its power and the precision of the results.

Type II Error

A statistical error that occurs when a false null hypothesis is not rejected, missing an actual effect or difference.

Sample Size

The number of observations or data points in a statistical sample.