Quiz 12/26/2018: Deductions for Adjusted Income: Part 2

December 26, 2018

Are the following allowable deductions when determining adjusted income for HUD, RD or the HOME programs?

 

  6. $960 in dependent deductions for two dependent children (ages 15 16).
  7. $480 dependent deduction for a foster child.

  8. $800 in elderly deductions for a household with two members over age 62.
  9. Childcare for a 9-year-old foster child that allows a foster mother to work.
10. Childcare that a father pays for his son that lives with his mother. 

 

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