For the following taxpayers, indicate which tax form should be used, the applicable filing status, and...
For the following taxpayers, indicate which tax form should be used, the applicable filing status, and the number of children who qualify for the child credit.
Cindy is divorced and received $6,000 of alimony from her former husband and earned $12,000 ,working as a secretary. She also received $1,800 of child support for her son ,who lives ,with her. According to a ,written agreement, her former husband is entitled to claim their son as a dependent.
Solution says she files as Head of Household. So how can she do this if her husband is claiming him as a dependent? Does that not matter when it comes to filing status?
Homework Answers
Hi
Let me know in case any issue and query:
This is an exception made by IRS Divorced parents. But the rationale behind this exception is:
Add Answer to:
For the following taxpayers, indicate which tax form should be used, the applicable filing status, and...
a. Arnie is a single college student who earned $7,700 working part-time. He had $200 of...
a.
Arnie is a single college student who earned $7,700 working
part-time. He had $200 of interest income and received $1,000 of
support from his parents.
b.
Buddy is a single college student who earned $7,700 working
part-time. He had $1,600 of interest income and received $1,000
of support from his parents.
c.
Cindy is divorced and received $6,000 of alimony from her
former husband and earned $12,000 working as a secretary. She also
received $1,800 of child support for...
In the following situations, indicate whether the taxpayer qualifies as head of household. a. Allen is...
In the following situations, indicate whether the taxpayer qualifies as head of household. a. Allen is divorced from his wife. He maintains a household for himself and his dependent mother. b. Beth is divorced from her husband. She maintains a home for herself and supports an elderly aunt who lives in a retirement home. c. Cindy was widowed last year. She maintains a household for herself and her dependent daughter, who lived with her during the year. d. Dick is...
9) Explain the rules for being an "abandoned spouse" and include which filing status should be...
9) Explain the rules for being an "abandoned spouse" and include which filing status should be used if one qualifies as an abandoned spouse. 10) Is it possible for a taxpayer to file "head of household" if he/she has a dependent child that lives in the home and over half of the cost of maintaining the home is paid by the taxpayer....but, the noncustodial parent actually claims the dependency exemption and child tax credit? 11) Sarah (age 32), single, has...
Question 1 (1 point) A widow with a dependent child uses the married filing jointly filing...
Question 1 (1 point) A widow with a dependent child uses the married filing jointly filing status for the two years immediately after the year of the spouse's death. 1) True 2) False Question 2 (1 point) Abe and Tammy divorced in 2009. Abe continues to support Tammy's mother, who lives in a nursing home. Abe cannot claim his mother-in-law as a dependent because she no longer passes the relationship test. ( 1) True 2) False Question 3 (2 point)...
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....
United States Tax System household for support from his wife. 1:2-44 Filing Status. For the following...
United States Tax System
household for support from his wife. 1:2-44 Filing Status. For the following independent situations, determine the filing status for the years in question. a. Wayne and Celia had been married for 24 years before Wayne died in an accident in 2018. Celia and her son, Wally, age 21 in 2018, continued to live at home in 2018, 2019, 2020, and 2021. Wally worked part-time (earning $5,000 in each of the four years) and attended the university...
Which of the following would not be a qualifying person for Anna for purposes of filing...
Which of the following would not be a qualifying person for Anna for purposes of filing head of household? Choose one answer. a. Anna's eligible foster child who lived with her all year and who she can claim as a dependent b. Anna's adopted child, who lives with her, is married and who she can claim as a dependent c. Anna's mother who she can claim as a dependent d. Anna's aunt who does not live with her but who...
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...
1:4-56 Pat was divorced from her husband in 2012. During the current year she received alimony of...
1:4-56 Pat was divorced from her husband in 2012. During the current year she received alimony of $18,000 and child support of $4,000 for her 11-year-old son, who lives with her. Her former husband had asked her to sign an agreement giving him the de- pendency exemption for the child but she declined to do so. After the divorce she ac- cepted a position as a teacher in the local school district. During the current year she received a salary...
Which of the following is not a taxpaying entity? A. Partnership filing Form1065. B. C Corporation...
Which of the following is not a taxpaying entity? A. Partnership filing Form1065. B. C Corporation filing Form 1120C. C. All of the above pay are taypayers. D. Individual filing Form 1040. Jasmine and her husband, Arty, have been married for 25 years. In May of this year, the couple divorced. During the year, Jasmine provided all the support for herself and her 22-year-old child, Dexter, who lived in the same home as Jasmine for the entire year. Dexter is...
a.
Arnie is a single college student who earned $7,700 working
part-time. He had $200 of interest income and received $1,000 of
support from his parents.
b.
Buddy is a single college student who earned $7,700 working
part-time. He had $1,600 of interest income and received $1,000
of support from his parents.
c.
Cindy is divorced and received $6,000 of alimony from her
former husband and earned $12,000 working as a secretary. She also
received $1,800 of child support for...
9) Explain the rules for being an "abandoned spouse" and include which filing status should be used if one qualifies as an abandoned spouse. 10) Is it possible for a taxpayer to file "head of household" if he/she has a dependent child that lives in the home and over half of the cost of maintaining the home is paid by the taxpayer....but, the noncustodial parent actually claims the dependency exemption and child tax credit? 11) Sarah (age 32), single, has...
Question 1 (1 point) A widow with a dependent child uses the married filing jointly filing status for the two years immediately after the year of the spouse's death. 1) True 2) False Question 2 (1 point) Abe and Tammy divorced in 2009. Abe continues to support Tammy's mother, who lives in a nursing home. Abe cannot claim his mother-in-law as a dependent because she no longer passes the relationship test. ( 1) True 2) False Question 3 (2 point)...
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....
United States Tax System
household for support from his wife. 1:2-44 Filing Status. For the following independent situations, determine the filing status for the years in question. a. Wayne and Celia had been married for 24 years before Wayne died in an accident in 2018. Celia and her son, Wally, age 21 in 2018, continued to live at home in 2018, 2019, 2020, and 2021. Wally worked part-time (earning $5,000 in each of the four years) and attended the university...
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...
1:4-56 Pat was divorced from her husband in 2012. During the current year she received alimony of $18,000 and child support of $4,000 for her 11-year-old son, who lives with her. Her former husband had asked her to sign an agreement giving him the de- pendency exemption for the child but she declined to do so. After the divorce she ac- cepted a position as a teacher in the local school district. During the current year she received a salary...
Most questions answered within 3 hours.
-
a. Discuss the reciprocal/opposite “hormonal” regulation of the
most highly regulated steps of these two pathways....
asked 1 minute ago -
Members of unions had mounted campaigns to persuade customers
not to shop at a company because...
asked 2 minutes ago -
Why is the alpha carboxyl group pka value 2 ?
And why is an alpha amino...
asked 10 minutes ago -
Identify and assess an intrapreneurial
opportunities within Bank of America and
intrapreneurial assessment. Assess its impact...
asked 16 minutes ago -
How do I figure out the range of possible numbers that can be
represented by the...
asked 18 minutes ago -
A 0.48-kg metal sphere oscillates at the end of a vertical
spring. As the spring stretches...
asked 21 minutes ago -
If a block of Si is doped with 10^17 Boron atom/cm^3 and 5X10^16
Arsenic atoms/cm^3,
(a)...
asked 48 minutes ago -
Why would natural selection not minimize costs (in the form of
symptoms) of evolved defenses? (choose...
asked 1 hour ago -
What is true about a critical task?
Latest finish time - latest start time = 0...
asked 1 hour ago -
A company uses a
process costing system. Its Assembly Department's beginning
inventory consisted of 56,800 units,...
asked 1 hour ago -
a
sealed glass cylinder contains 325 g of N2 gas at 1.02 atm at 20 c....
asked 1 hour ago -
The main difference between an equity and a nonequity alliance
is that
A
equity alliances are...
asked 1 hour ago