Homework Answers
Answer
- The correct answer is Option #4 Marital Status of dependent is not one of the test to claim a dependent as a qualifying child.
- The tests or requirements to claim a dependent consider
following things only:
--Relationship
--Age of the dependent
--Residency
--Support paid
--Joint Return
Add Answer to:
DQuestion 4 4 pts Which of the following is not a test or requirement to claim...
Which of the following is not a test or requirement to claim a dependent as a...
Which of the following is not a test or requirement to claim a dependent as a qualifying child? marital status of dependent O filing status the dependent uses on their separate tax return relationship to the taxpayer principal residence of the dependent age of the dependent
Which of the following is not a test or requirement to claim a dependent as a...
Which of the following is not a test or requirement to claim a dependent as a qualifying child? marital status of dependent filing status the dependent uses on their separate tax return relationship to the taxpayer principal residence of the dependent age of the dependent
for a taxpayer with a qualifying child, which statement is NOT a requirement to claim EITC? 1. must be at least 25 years...
for a taxpayer with a qualifying child, which statement is NOT a requirement to claim EITC? 1. must be at least 25 years old, but younger than 65. 2. have a child who is not claimed by more than on person for EITC 3. have a qualifying child who meets the relationship, age, residency and joint return test 4. must not be the qualifying child of another child
Question 1 4 pts Which of the following is (are) among the requirements to enable a...
Question 1 4 pts Which of the following is (are) among the requirements to enable a taxpayer to be classified as a "qualifying widow(er)" 1. A dependent has lived with the taxpayer for six months. The taxpayer has maintained the cost of the principal residence for six months. 2. O Neither 1 nor 2 O 1 only O Both 1 and 2 O 2 only
QUESTION 16 All taxpayers may use the tax rate schedule to determine their tax liability. True...
QUESTION 16 All taxpayers may use the tax rate schedule to determine their tax liability. True False 1 points QUESTION 17 Brian is 60 years old, single, and legally blind. Brian supports his father, who is 88 years old and blind, by paying the rent and other costs of his father’s residence. What is the total standard deduction amount that Brian should claim on his 2018 tax return? a. $24,000 b. $19,600 c. $18,000 d. $13,600 e. None of the...
1) For 2018, what is the gross income filing requirement for a married couple, where one...
1) For 2018, what is the gross income filing requirement for a married couple, where one is age 64 and the other is age 65, using the married filing jointly status? a) $18,000 b) $24,000 c) $25,300 d) $26,600 2) The maximum amount a taxpayer may claim for the lifetime learning credit is: a) $2,500 per qualifying student. b) $2,500 per return. c) $2,000 per qualifying student. d) $2,000 per return.
3) Give an example of a situation where a taxpayer's child can be considered a dependent...
3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...
3) Give an example of a situation where a taxpayer's child can be considered a dependent...
3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...
this legend or statuses) in each of the following independent cases, using A - Single B...
this legend or statuses) in each of the following independent cases, using A - Single B Married, filing a joint return c Married, filing separate returns D Head of household E - Qualifying widow(er) Case Filing Status 1. The taxpayers are married on December 31 a 2. The taxpayer is single, with 3. The taxpayer is unmarried and i 4. The taxpayer is married and his spouse left midyear and has f the tax yea a dependent child living in...
45 Which of the following taxpayers is eligible to claim the head of household filing status?...
45 Which of the following taxpayers is eligible to claim the head of household filing status? Marks: 1 Choose one answer a. The taxpayer's boyfriend lived in the taxpayer's home all of 2018. The boyfriend qualifies as the taxpayer's dependent b. The unmanied taxpayer pays more than half the cost of keeping his father in an assisted living facility. The father qualifes as the taxpayer's dependent c. The taxpayers married child lived in the taxpayer's home for the entire year....
Which of the following is not a test or requirement to claim a dependent as a qualifying child? marital status of dependent O filing status the dependent uses on their separate tax return relationship to the taxpayer principal residence of the dependent age of the dependent
Which of the following is not a test or requirement to claim a dependent as a qualifying child? marital status of dependent filing status the dependent uses on their separate tax return relationship to the taxpayer principal residence of the dependent age of the dependent
Question 1 4 pts Which of the following is (are) among the requirements to enable a taxpayer to be classified as a "qualifying widow(er)" 1. A dependent has lived with the taxpayer for six months. The taxpayer has maintained the cost of the principal residence for six months. 2. O Neither 1 nor 2 O 1 only O Both 1 and 2 O 2 only
3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...
3) Give an example of a situation where a taxpayer's child can be considered a dependent of the taxpayer through the qualifying relative rules, but will not qualify through the qualifying child rules. 4) Review the tests for "support" in the text. There is a subtle, yet important, difference in the way support is considered in order to be a "qualifying child" versus a "qualifying relative." What is that difference? 5) Divorced parents are in the situation of having to...
this legend or statuses) in each of the following independent cases, using A - Single B Married, filing a joint return c Married, filing separate returns D Head of household E - Qualifying widow(er) Case Filing Status 1. The taxpayers are married on December 31 a 2. The taxpayer is single, with 3. The taxpayer is unmarried and i 4. The taxpayer is married and his spouse left midyear and has f the tax yea a dependent child living in...
45 Which of the following taxpayers is eligible to claim the head of household filing status? Marks: 1 Choose one answer a. The taxpayer's boyfriend lived in the taxpayer's home all of 2018. The boyfriend qualifies as the taxpayer's dependent b. The unmanied taxpayer pays more than half the cost of keeping his father in an assisted living facility. The father qualifes as the taxpayer's dependent c. The taxpayers married child lived in the taxpayer's home for the entire year....
Most questions answered within 3 hours.
-
3) What are the typical social structures in a global city?
asked 18 minutes ago -
Luther Corporation
Consolidated Balance Sheet
December 31, 2019 and 2018 (in $ millions)
Assets
2019
2018...
asked 20 minutes ago -
(Expected rate of return and risk) Carter Inc. is evaluating a
security. Calculate the investment’s expected...
asked 3 hours ago -
What specific indicators can point to lack of progress for
African Americans in American society?
asked 4 hours ago -
1-The Electrons in a beam are moving at 2.7×108 m/s in an
electric field of 15000...
asked 4 hours ago -
A gas tank is a vertical cylinder. It has a radius of 1m, a
height of...
asked 4 hours ago -
Accent Software faces the following conditions. All of these
support Accent’s use of a market-penetration pricing...
asked 5 hours ago -
A mathematically inclined friend emails you the following
instructions: "Meet me in the cafeteria the first...
asked 5 hours ago -
A monopoly sells in two countries . The demand curves in the two
countries are p1...
asked 6 hours ago -
A .15kg rubber ball is bounced off a wall. Before hitting the
wall, the ball moves...
asked 7 hours ago -
A manufacturing company preparing to build a new plant is
considering three potential locations for it....
asked 7 hours ago -
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 8 hours ago