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Author Question: Ben, age 67, and Karla, age 58, have two children who live with them and for whom they provide total ... (Read 43 times)

azncindy619

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Question 1

Annisa, who is 28 and single, has adjusted gross income of $55,000 and itemized deductions of $5,000. In 2016, Annisa will have taxable income of
◦ $44,650.
◦ $45,050.
◦ $50,000.
◦ $48,700.

Question 2

Ben, age 67, and Karla, age 58, have two children who live with them and for whom they provide total support. Their daughter is 21 years old, blind, is not a full-time student and has no income. Her twin brother is 21 years old, has good sight, is a full-time student and has income of $4,500. Ben and Karla can claim how many personal and dependency exemptions on their tax return?
◦ 2
◦ 3
◦ 4
◦ 5


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Marked as best answer by azncindy619 on Sep 13, 2020

diana chang

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azncindy619

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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