-Jerry and Jenny are a married couple. They provided financial assistance to several persons during 2014. For the situations below, determine whether the individuals qualify as dependency exemptions for Jerry and Jenny on their 2014 Married Filing Joint tax return. Assume in each case that dependency tests not mentioned have been satisfied. (a) Brian, age 24, is Jerry and Jennys son. Brian is a full-time student, and he lives in an apartment near the college. Jerry and Jenny provide over 50% of Brians support. Brian worked as a stock clerk in a super market and earned $4,000. (b) Same facts as above, except that Brian is a part-time student. (c) Sheila, age 22, is Jerry and Jennys daughter. Shes a full-time student and lives in a college dormitory. Jerry and Jenny provide over 50% of Sheilas support. Sheila works part-time as an accounting clerk, and she earned $5,000. (d) Same facts as in (c), except that Sheila is a part-time student. (e) Grandma, age 82, is Jennys grandmother, and she lives with Jerry and Jenny. In 2014, Grandmas only income was her Social Security of $4,800 and interest on U.S. bonds of $4,500. Grandma uses her income to pay 45% of her total support, and Jerry and provide the rest of Grandmas support.

-John and Joan had been married for 20 years before John died in 2012. Joan and her son Marley, age 21, continued to live at home in years 2012 2015. Marley worked part-time (earning $5,000 in each of the four years). He also attended college on a part-time basis. Joan provided more than 50% of Marleys support in each year. What is Joans filing status for 2012, 2013, 2014, and 2015? Would Joans filing status change if Marley attended school full-time rather than part-time? If so, how?

-Jake and Janice are a married couple with two dependent children. In 2014, their salaries totaled $130,000, and they suffered a capital loss of $8,000. They also received $1,000 of taxexempt interest. They paid home mortgage interest of $10,000, state income taxes of $4,000, and medical expenses of $3,000. They also contributed $5,000 to charity. On their 2014 Married Filing Joint tax return what is their (a) adjusted gross income; (b) their total itemized deductions; (c) the amount of their exemptions; and (d) their taxable income.

-Geraldo rented an office building to Brian for $3,000 per month. On 12/29/13, Geraldo received a deposit of $4,000 in addition to the first and last months rent. Brian commenced occupancy of the building on 1/02/14. On 7/15/14, Brian closed his business and filed for bankruptcy. Geraldo collected rent for February, March, and April on the first day of each month. He received the May rent on 5/10/14, but collected no payments thereafter. Geraldo withheld $800 from Brians deposit because of damage to the property and $1,500 for unpaid rent. He refunded the balance of the deposit to Brian. What amount of the above payments should Geraldo have reported as gross income in 2013 and 2014?