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