Author Question: If parents claim a child as an exemption on their tax return, the child on his or her tax return ... (Read 408 times)

Alainaaa8 · **on:** Jul 10, 2018

If parents claim a child as an exemption on their tax return, the child on his or her tax return

A)

may take an additional exemption, regardless of how much the child has earned.
B)

may take an additional exemption, only if the child has earned less than a specified amount.
C)

may not claim an additional exemption.
D)

may only claim an additional exemption if he or she is under age 16.

Question 2

A short position refers to

A)

inadequate margin in a margin account.
B)

securities you have sold but do not own.
C)

an order to sell stock at a price below its current market price.
D)

securities you purchased but have not yet taken delivery of the shares.