Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chapter 4: Dependent Related Filing Status Question 28 of 50. Ladonna and Gabe are divorced and have one child. Ladonna is the custodial parent. For

image text in transcribed

Chapter 4: Dependent Related Filing Status Question 28 of 50. Ladonna and Gabe are divorced and have one child. Ladonna is the custodial parent. For 2022, Ladonna signed Form 8332 , Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent, and gave the child's exemption to Gabe. Assuming all other requirements are met, which benefits may Ladonna claim for this dependent? Ladonna may claim the Earned Income Credit, any Child and Dependent Care Credit, the Child Tax Credit, and any Additional Child Tax Credit. Ladonna may use the head of household filing status, claim the dependency, and any Child and Dependent Care Credit. Ladonna may use the head of household filing status, claim the Earned Income Credit, and any Child and Dependent Care Credit. Ladonna may use the head of household filing status, claim the Earned Income Credit, any Child and Dependent Care Credit, the Child Tax Credit, and any Additional Child Tax Credit. Mark for follow up Question 29 of 50. Which of the following taxpayers may file as a Qualifying surviving spouse for 2022? Austin and Carla were married for five years before Carla's passing in 2022. Austin has not remarried. Austin paid all of the cost of maintaining a home for himself and his son, Joshua (age 10). Joshua lived with Austin for all of 2022 and is his qualifying child dependent. Dale and Maggie were married for three years before Dale's passing in 2020. Maggie has not remarried. Maggie paid all of the costs of maintaining a home for herself and her dependent son, Lionel (age 18). Lionel moved out of her home permanently in November of 2022. He did not pay more than half of his own support for the year. Maggie filed a joint return for 2020. Neil and Debbie were married for five years when Debbie died unexpectedly in 2020. Neil remarried in 2022. Neil paid over haif of the cost of maintaining a home for himself, his wife, and his dependent son, Liam (age 6). Liam lived with Neil for all of 2022 and is his qualifying child dependent. Neil filed a joint return for 2020. Ryan and Becky were married for ten years before Ryan's death in 2021. Becky has not remarried. Becky paid over haif of the cost of maintaining a home for herself and her dependent daughter, Ella (age 3). Ella lived with Becky for all of 2022 and is her qualifying child dependent. Becky filed a joint return for 2021. Mark for follow up Question 30 of 50 . Ling (53) is unmarried and pays 75% of the cost of maintaining a home for her father, Tao (79), who had no taxable inceme and did not live with Ling. Tao is Ling's qualifying relative dependent, and she will claim him on her tax return in 2022. What is Ling's correct and most favorable filing status for 2022 ? Single. Married filing separately. Head of household. Qualifying surviving spouse

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing An Assertions Approach

Authors: G. William Glezen, Donald H. Taylor

7th Edition

047113421X, 978-0471134213

More Books

Students also viewed these Accounting questions

Question

What types of nonverbal behavior have scholars identifi ed?

Answered: 1 week ago