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15. Ray is Tom's father Ray's only income is $8.000 in nontaxable social security benefits, none of which was spent for Ray's support. Tom provides

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15. Ray is Tom's father Ray's only income is $8.000 in nontaxable social security benefits, none of which was spent for Ray's support. Tom provides support of $6,000 for Ray during the year. Tom can claim a. An exemption for himself only b. Head of household status only if Ray lived with him c. Head of household status d. Two exemptions but may have to file single 16. Tom lives with his mother, Lois. Tom receives 40% of his support from charity. Tom's mother and two brothers, Mike and Pete provide 20% each for Tom's support. Which of the taxpayers can claim Tom as a dependent assuming they enter into a multiple support agreement? a None e. Lois only b. Pete or Mike or Lois d. Mike or Lois 17.Anne Jones, age 45 and married, redeemed qualified Series EE bonds during the year to pay the $6,000 tuition cost associated with completing her college degree at a local university. She receives $8,000 from the bonds, of which $2,000 was interest income. Mr. & Mrs. Jones's Modified Adjusted Gross Income is $75,000 for the year. What amount of interest income is excluded from their gross income? a $1,500 6,000 b. $500 - siniest paded c. $2,000 6,01 d. $0 BUDU X.75 -1,500 18. The ABC Corporation provides disability insurance for all of their employees. The Corporation pays two-thirds of the policy's premium, with employees paying for the balance. This past year, Jamie, an employee, was injured at work and received $900 per month for the six months she was unable to work. Jamie will be taxed on: a. SO 900x 6x2/3= 3,600. b. $1,800 c. $3,600 d. $5,400 19. Jill's husband abandoned her and their one-year-old son on September 1. Her husband has vanished; however, Jill is still married to him at the end of the year. Jill provided all of the support for the home during the year. Jill's filing status is: a. Single c. Married Separate b. Married Joint d. Head of Household

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