Question
1) A dependent child, age 18 and single has wages of $3,900 and dividend income of $3,300 in tax ... Assume that she is subject
1) A dependent child, age 18 and single has wages of $3,900 and dividend income of $3,300 in tax ...
Assume that she is subject to the kiddie tax, and her father, her sole surviving parent, has taxable income of $49,000 and files his 2014 return using the head of household filing status. What is the child's tax liability?
2) A taxpayer who provides 40% of the support of her parents and claims them as dependents because of a multiple support agreement can use the head of household filing status even if the parents live in a nursing home. T or F
3) Rex and Roxanne are married and will file a joint return in 2014 (if required). Rex is 59 and blind, while Roxanne is 66 and in good health. At what exact amount of gross income will they be required to file a return?
4) Assume a married person (i.e., decedent) with no dependents dies during the year, and his/her spouse remarries the same year and files a joint return with his/her new spouse. What filing status will the decedent use when filing his last tax return. A) Single B) married filing jointly C) head of household D) married filing seperately
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