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1.) Roy(39) is a US citizen. He was married at the beginning of 2019. His wife lived in the household until august. Their divorce was
1.) Roy(39) is a US citizen. He was married at the beginning of 2019. His wife lived in the household until august. Their divorce was finalized on Sept 30, and roy has not remarried. Roy provided 100% of support for his son, who lived with him all year and is his qualifying child. Roy's most advantageous filling status is?
A. Head of household.
B. Married filing seperate
C. Married filling joint
D. Single.
Question 56 of 75. Carlie (28) is the beneficiary of her deceased grandmother's traditional IRA. She received a Form 1099-R reporting the $10,000 gross distribution. The form had a distribution code "4" in box 7, indicating that the distribution is due to death. What is the tax consequence of this distribution? The entire amount is tax-free and penalty-free. The only tax to which Carlie is subject is the 10% additional tax on early distributions. o The gross distribution is taxable income, but Carlie may claim an exemption from the 10% additional tax on early distributions. The gross distribution is taxable income, and in addition, Carlie is subject to a 10% additional tax on early distributions. What amount should a taxpayer with two dependent children under age 13 use to calculate their Child and Dependent Care Credit? The taxpayer spent $14,000 for childcare expenses during the year. Their income from wages exceeded the amount spent on childcare, and they did not receive any employer dependent care benefits. $0 $3,000 O $6,000 $14,000Step by Step Solution
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