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Kindly solve all of these parts Question No. 1 Ms. X, who is 28 and single, has adjusted gross income of $110,000 and itemized deductions

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Question No. 1 Ms. X, who is 28 and single, has adjusted gross income of $110,000 and itemized deductions of $ 10,000. Insurance $5,000, welfare amount $ 20,000. (2 Marks) Required: In 2015, Ms. X will have taxable income of Answer: Question No. 2 James Charles lives alone. His support comes from the following sources: (2 Marks) Grand Father support Grand Mother support A-(his son) B-(his brother) C-(his daughter) D-a friend) Total support Nil Nil $5,200 8,400 4,600 2.000 $20.200 Assuming a multiple support declaration exists. Required: Which of the individuals may claim James Charles as a dependent? Support your answer with explanation Answer: Question No. 3 As per the company rule, discuss the requirements for staff welfare (meals/ food) provided by employers to be excluded from their employees' income Required: How is the rule distinguished from these requirements? (2 Marks) Question No. 1 Ms. X, who is 28 and single, has adjusted gross income of $110,000 and itemized deductions of $ 10,000. Insurance $5,000, welfare amount $ 20,000. (2 Marks) Required: In 2015, Ms. X will have taxable income of Answer: Question No. 2 James Charles lives alone. His support comes from the following sources: (2 Marks) Grand Father support Grand Mother support A-(his son) B-(his brother) C-(his daughter) D-a friend) Total support Nil Nil $5,200 8,400 4,600 2.000 $20.200 Assuming a multiple support declaration exists. Required: Which of the individuals may claim James Charles as a dependent? Support your answer with explanation Answer: Question No. 3 As per the company rule, discuss the requirements for staff welfare (meals/ food) provided by employers to be excluded from their employees' income Required: How is the rule distinguished from these requirements? (2 Marks)

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