Child Care Payments to a Relative Are Not Eligible for the Credit

question 8

True/False

Child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer.

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Definitions:

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Insurance Carriers

Companies that provide insurance policies to individuals or entities, covering various risks such as health, life, and property.

No Reimbursement

The absence of financial compensation or payback for expenses incurred, commonly related to healthcare costs not covered by insurance or other forms of compensation.

Technological Applications

Refers to the use of technology in various fields to solve problems or enhance processes.