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Wayne Michigan Form 2441: What You Should Know

This is a home we purchased and remodeled for use as a residence at no cost to our family. This home is a wonderful location near many other amenities such as shopping, sports, schools, a park, and more. 2441 S WAYNE RD is an ideal home for you and your family. This home can be purchased under a new mortgage, and the equity in the home is protected by the current mortgage. This home is located directly off of Grand River Rd and is just minutes from the airport. This was a purchase at an extremely attractive price that reflects the level of remodeling that was completed as well as the quality of the home. You have a home with 1/3 of the mortgage on the home that you can refinance at your current interest rate. This home is fully renovated, and includes new cabinets, flooring, and plumbing. The home is also located close to two schools. Your monthly child and dependent care expenses are covered and available to you in the monthly Statement of Account (SOA). This is a very affordable way to take care of your baby or kids in the middle of the year when other options are very expensive. This home is a home away from home for you and your family. 2441 S WAYNE RD Including earned income in Form 2441 is optional if you choose to report your total child and dependent care expenses. A tax year is a 12-month tax year beginning January 1 of any year. The standard deduction for a single person is 11,950; the standard deduction for a married filing jointly is 24,950, and the amount of an itemized deduction, such as a medical deduction, is limited to 6,350. Child and Dependent care expenses are a deduction on Form 1040 (or Form 1040A if you claimed all of your child and dependent care expenses in box 1 of Form 1040). You cannot deduct child and dependent care expenses if you have more than one child under the age of 13. A child care expense for a spouse does not reduce the amount of your qualifying child care expenses. A qualified care facility is an organization (such as a day care center, nursing home, or respite home) that has been certified as meeting established state standards for quality and accountability and that provides care for children at age six and under, or children aged 13 years and older who are residents of the facility.

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