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Ellen, age 39 and single, furnishes more than 50% of the support of her parents, who do not live with her; their only source of
Ellen, age 39 and single, furnishes more than 50% of the support of her parents, who do not live with her; their only source of income are Social Security benefits. Ellen practices as a self-employed interior decorator and has a gross income in 2019 of $120,000 + $20,000 from part time job. Her deductions are as follows: $30,000 business and $8,100 itemized.
1. Can Ellen qualify for head of household filing status? Explain.
2. What is Ellens taxable income for 2019?
3. What's Ellen's dependent tax credit?
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