Danielle Is a Divorced Single Parent Who Is Currently Paying

question 92

Multiple Choice

Danielle is a divorced single parent who is currently paying back a college loan,attending graduate school part-time,and working full-time earning $42,000.She has custody and provides all support for her child.Which of the following adjustments,deductions,or credits might apply to her?

• A)Adjustment for student loan interest
• B)Child tax credit
• C)Child and dependent care credit
• D)Lifetime learning tax credit
• E)All of the above

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Definitions:

Growth Created Value

The increase in value that a company achieves through the expansion of its operations or activities.

Future

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.

Clientele Effect

The theory that a company's stock price changes according to the demands and preferences of its existing shareholder base.

Dividend Policy

A company's approach to distributing profits back to its shareholders through dividends.