Accounting

Taxpayers have the choice of claiming either the personal and dependency exemption or the standard deduction.

Started by ENagel

The term "gross income" means the total of all income from any source, but after reduction for exclusions.

Started by kfurse

Eliza Smith's father, Victor, lives with Eliza who is a single taxpayer. During the year, Eliza ...

Started by jenna1

For each of the following independent cases, indicate the total number of exemptions (personal and ...

Started by mcmcdaniel

Foreign exchange student Yung lives with Harold and Betty while he studies in the US. He moved into ...

Started by torybrooks

Kate is single and a homeowner. In 2016, she has property taxes on her home of $3,000, makes ...

Started by 123654777

Paul and Hannah, who are married and file a joint return, are in the process of adopting a child who ...

Started by renzo156

Steve Greene, age 66, is divorced with no dependents. In 2016 Steve had income and expenses as ...

Started by segrsyd

A married person who files a separate return can claim a personal exemption for his spouse if the ...

Started by ashley

Amber supports four individuals: Erin, her stepdaughter, who lives with her; Amy, her cousin, who ...

Started by P68T

Anita, who is divorced, maintains a home in which she and her 16 year old daughter live. Anita ...

Started by torybrooks

Anna is supported entirely by her three sons John, James, and Joseph who provide for her support in ...

Started by renzo156

Ben, age 67, and Karla, age 58, have two children who live with them and for whom they provide total ...

Started by azncindy619

Charlie is claimed as a dependent on his parents' tax return in 2016. He received $8,000 during the ...

Started by schs14

David's father is retired and receives $14,000 per year in Social Security benefits. David's father ...

Started by tichca

Husband and wife, who live in a common law state, are eligible to file a joint return for 2016, but ...

Started by kaid0807

In 2016, the standard deduction for a married taxpayer filing a joint return and who is 67 years old ...

Started by B

Juanita's mother lives with her. Juanita purchased clothing for her mother costing $1,000 and ...

Started by Evvie72

Julia provides more than 50 percent of the support for three individuals: Theresa, an unrelated ...

Started by serike

Nate and Nikki have three dependent children ages 12, 15, and 17. Their modified AGI is $120,000. ...

Started by Mollykgkg

Paul and Sally file a joint return showing $87,000 of AGI. They have three dependent children ages ...

Started by kwoodring

Sarah, who is single, maintains a home in which she, her 15-year old brother, and her 21-year-old ...

Started by cartlidgeashley

The child credit is for taxpayers with dependent children under the age of

Started by a0266361136

The regular standard deduction is available to which one of the following taxpayers?

Started by Redwolflake15

Tony supports the following individuals during the current year: Miranda, his former mother-in-law ...

Started by littleanan