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Business, 15.01.2020 03:31 angela6844

Basic course scenarios and test questions 26 basic scenarios basic scenario 2: felix and isabella franklin interview notes• felix and isabella franklin have been married since 2016. felix is a u. s. citizen with a valid social security number. isabella is a resident alien with an individual taxpayer identification number (itin). they elect to file married filing jointly.• felix worked in 2019 and earned wages of $40,000. isabella worked part-time and earned $10,000.• they have two children: rose, who is 3 years old, and iris, who is 8 years old. both children were supported by their parents all year. rose is a u. s. citizen and has a valid social security number. iris is a resident alien and has an itin.• felix and isabella paid $5,000 in daycare for rose and iris. the statement from the daycare provider includes the provider's name, address, valid employer identification number, and the amount paid for rose and iris's care.• felix, isabella, rose, and iris lived together in the u. s. all year. basic scenario 2: test questions 3. are the franklins eligible to claim the earned income credit? a. yes, because everyone has a taxpayer identification number. b. yes, because felix has a social security number. c. no, because isabella has an itin. d. no, because their income is too high.4. which credit(s) can the franklins claim on their 2019 tax return? a. child and dependent care credit for both rose and irisb. child tax credit for rosec. credit for other dependents for irisd. all of the above

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