Question
During the current tax year, Christopher, an unmarried person and a resident of Seattle Washington, provided 80% if the support for his son, Sam, who
During the current tax year, Christopher, an unmarried person and a resident of Seattle Washington, provided 80% if the support for his son, Sam, who lives in New York City. Sam, age 21, is a full-time student attending New York University. He is a United States citizen. Sams income consists of wages of $4,700, interest income of $275. Sam also received a $8,000 scholarship which he used to pay for tuition, text books and required school supplies. Christophers income consists of wages of $51,300 and a cash prize of $500 from a local TV Station. Compute Christophers taxable income for the year?
Filing Status?
Adjusted Gross Income?
Standard Deduction?
Taxable Income?
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