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Bob (49) and Betty (53) are married. Their daughters, Tammy (20) and Tanya (16), lived with them the entire year, and the girls received more

Bob (49) and Betty (53) are married. Their daughters, Tammy (20) and Tanya (16), lived with them the entire year, and the girls received more than 50% of their support from their parents. Tanya is a sophomore in high school. Tammy is a full-time student at Your State University. Bobs wages were $45,000; Bettys were $51,500; Tammys gross income was $5,000; Tanyas was $0. The taxable income on the return was $67,700. A.What is the taxpayers correct and most favorable 2016 filing status?

B.What is his or her greatest number of personal and dependent exemptions allowed for 2016?

C.Is the taxpayer eligible to claim and receive the Child Tax credit?

D.What is the taxpayer's tax liability (using the tax tables)?

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