Joseph provides $12,000 of support for his mother, Miriam, who lives with him. Miriam is single and

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Joseph provides $12,000 of support for his mother, Miriam, who lives with him. Miriam is single and a U.S. citizen. Her only income is Social Security of $5,000 and taxable pension income of $4,200. Miriam uses the Social Security income for support but puts her pension income into her savings account. Joseph provides $6,000 of support for his 22-year-old son, Mike, a full-time student who attends college on a basketball scholarship and lives with Joseph when not at school. The balance of Mike's support comes from the scholarship that pays his $10,000 tuition and fees for the year. How many dependents can Joseph claim on his tax return?
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Taxation For Decision Makers 2017

ISBN: 9781119330417

7th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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