Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For tax year 2018 determine the number of dependents in each of the following indpendent situations: a.) Leo and Amanda (ages 48 and 46 respectively

For tax year 2018 determine the number of dependents in each of the following indpendent situations:

a.) Leo and Amanda (ages 48 and 46 respectively ) are husband and wife and furnish more than 50% of the support of their two children , Elton (age 18) and Trista (age 24). During the year , Elton earns 4,500 providing transportation for elderly persons with disabilities, and Trista receives a $5,000 scholarship for tutiton at the law school she attends.

b.) Audry (age 45) was divorced this year. She maintains a household in which she , her ex husband (clint) and his mother (olive) live and furnishes more than 50% of their support. Olive is age 91 and blind.

c.) Crystal age 45 furnishes more than 50% of the support of her married son, Andy (age 18) and his wife , paige (age 19) who liv with her. During the year, Andy earned 8,400 from a part time job. All parties live in Iowa (a common law state)

d.) Assume the same facts as in part (c) except that all parties live in wsshington ( a community property state).

please answer all questions and if necessary show how you got the answer

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions