1. George and Elaine are married.Tom, who is their 26-year old son, is a full-time medical student.He is working towards a degree.Tom earned a $50,000 scholarship.Tuition is $65,000.George and Elaine pay for the balance of Tom's schoolcosts.In addition, Tom's parents contributed $14,000 caring for Tom.Tom earned $6,500 from a part-time.True/False - George and Elaine cannot claim Tom as a dependent.

True

False

2.John,who is a cash basis taxpayer,receives January's 2020 rent payment from his tenant on Dec.27, 2019.The tenant informs John that there are not sufficientfunds in the account.He asks John not deposit the check until January 5.John includes the January rent in gross income in 2019.True/False John was correct to include the January's rent in his 2019tax return?

True

False

3.In May 2018,Jamie invoiced oneof her clients $10,000.She instructs her client to make the payment directly to Jamie's mother, Sara.When Sara files her tax return she includes the $10,000 payment from Jamie's client as part of her taxable income.True/False - Sara was correct in including the $10,000 payment in her income?

True

False