Becker CPA Review $3-6$

Bill and Anne Chambers are married and file a joint return. They have no children. Their college friend, Ryan, lived with them for the entire

current tax year. Ryan is $40$ years old and earned $$2,000$ at a part$-$time job and received $$25,000$ in municipal bond interest. Ryan is a

citizen of the United States and is unmarried. Which of the following statements is true regarding claiming Ryan as a dependent on the

Chambers' tax return?

a$.$ If Ryan earns $$15,000$ in self$-$employment income in addition to the part$-$time job and municipal bond interest, he will qualify as a dependent on the Chambers' tax return.

$x^1$

b$.$ Ryan qualifies as a dependent for the Chambers under the qualifying child rules.

c$.$ As long as Ryan does not provide more than half of his own support, he qualifies as a dependent for the Chambers under the qualifying relative rules because he lived with them for the entire year:

d$.$ As long as the Chambers provide more than half of Ryan's support, he qualifies as a dependent for the Chambers under the qualifying relative rules.