I:2-34 Dependency Requirements, Child Tax Credit, and Filing Status. Robert provides more than half of the support
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I:2-34 Dependency Requirements, Child Tax Credit, and Filing Status. Robert provides more than half of the support for his daughter, Jane, and her two children. Jane earned $20,000.
Robert, whose AGI is $160,000, paid the rent of $11,000 on Jane’s apartment and provided an additional $15,000 support. Jane is age 30, her children are age 7 and age 4, and the children live with Jane. Robert is not married.
a. Can Robert claim Jane as a dependent?
b. Can Jane claim her children as dependents?
c. Who is entitled to the child tax credit?
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Related Book For
Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023
ISBN: 9780137730391
36th Edition
Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna
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