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Morgan (age 45) is single and provides more than 50% of the support of Rosalyn (a family friend, age 36), Flo (a niece, age 18),

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Morgan (age 45) is single and provides more than 50% of the support of Rosalyn (a family friend, age 36), Flo (a niece, age 18), and Jerold (a nephew, age 18). Both Rosalyn and Flo live with Morgan, but Jerold (a citizen of France) lives in Canada. Morgan earns a $95,000 salary, contributes $5,000 to a traditional IRA, and receives sales proceeds of $15,000 for an RV that cost $60,000 and was used only for vacations. She incurs $8,200 in itemized deductions. The personal exemption amount for is $4,050. Click here to access the standard deduction table to use if required. a. Who qualifies as a dependent of Morgan for the dependency exemption? All three qualify b. Morgan's taxable income is 73,800 X c. Using the Tax Rate Schedules (click here), tax liability for Morgan is 10,148 X for. (Do not round intermediate tax computation but if required, round your final answer to the nearest whole dollar.)

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