subject
Business, 06.12.2021 17:50 totie6421

Read the following scenario, and then choose the response that accurately completes the last sentence. Jackson (32) and Sally (27) married in March 2020. Chloe (8), Sally's child from a previous marriage, came to live with them on July 5, 2020. Prior to moving in with Jackson and Sally, Chloe was supported by and lived with her father. Neither Sally nor Chloe's father have ever signed Form 8332, Release/Revocation of Release of Claim to Exemption by Custodial Parent. Jackson and Sally are: Eligible to claim Chloe as a qualifying child.
Eligible to claim Chloe as a qualifying relative.
Eligible to claim a personal exemption for Chloe.
Not eligible to claim Chloe as a dependent for the purpose of any tax benefit.

Which taxpayer(s) will be required to file a 2020 federal income tax return?

a. Patrick (58) has gross income of $18,900. He will file as head of household.
b. Beatrice (68) has gross income of $19,150. She will file as head of household.
c. Mark (71) and Darius (62) are married and have gross income of $25,500. They lived together all year and will file a joint return.
d. Michael (72) and Dee (68) are married and have gross income of $26,950. They lived together all year and will file a joint return.
e. None of the individuals are blind.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 14:30, divaughn1906
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
Answers: 1
image
Business, 21.06.2019 15:10, exoticbunnylover123
Why there has to be two lines in a plane
Answers: 1
image
Business, 22.06.2019 07:10, Pipemacias1711
9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation
Answers: 2
image
Business, 22.06.2019 16:00, winstonbendariovvygn
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
You know the right answer?
Read the following scenario, and then choose the response that accurately completes the last sentenc...

Questions in other subjects:

Konu
Mathematics, 04.02.2021 20:50
Konu
Business, 04.02.2021 20:50