MULTIPLE CHOICE

1) Ben, age 60, and Karla, age 54, have two children and a daughter-in-law who live with them and for whom they provide the majority of support. Their daughter, Myra, is 21 years old, legally blind, a part-time student and has no income. Her brother, Ken, is 25 years old, legally married, and a full-time student and has income of $3,763. He is not otherwise self-supporting. Kens wife, Barbie, age 26, is also a full-time student who had no income. Ken and Barbie filed a joint return for the sole purpose of obtaining a refund of the federal taxes of $302 withheld from Kens salary. Which of the following statements is correct regarding Ben and Karla's ability to claim the parties as dependents?

a: The couple can claim only one child as a dependent..

b: The couple cannot claim either child as a dependent.

c: The couple can only claim the daughter-in-law as a dependent.

d: The couple can claim all three as dependents.

2) Wilhelm Klink had adjusted gross income of $155,130 in 2022. During the year, he made the following contributions to qualifying organizations: $26,410 cash to U-Mass Law School $47,150 cash to the University of Hartford $35,700 cash to the Salvation Army $13,540 cash to the St. Jude Children's Research Hospital In addition, he gave $9,462 cash to his favorite cousin, Albert Burkhalter, to help Albert pay his graduate school tuition this year. How much is his charitable contribution deduction this year?

a: $132,262

b: $93,078

c: $122,800

d: some other amount (your answer:___________

3) How much can Wilhelm deduct next year, assuming that he had $139,446 in adjusted gross income and made charitable cash contributions of $77,061?

a: $106,783

b: $83,668

c: $77,061

d: some other amount (your answer:___________

4) How much, if any, is Wilhelm's remaining carryover to the following year?

a: $6,607

b: $ 0

c: $23,115

d: some other amount (your answer:__________

5) Which of the following individuals does not have to file a tax return for 2022?

a: A married taxpayer, filing separately, who has gross income of $8,306

b: An unmarried taxpayer, age 77, who has gross oncome of $17,042.

c: A married couple ages 69 and 67, filing jointly, who has gross income of $27,003.

d: All of the above must file.

6) Hasenfus (age 23) & Constance (age 41) are married taxpayers. Hasenfus, an exotic dancer at Jethros Bar and Grill, had $182,617 of taxable income, after claiming the proper deductions, during the year. Constance is a student attending New York University Law School. She had no income during the year. How much is their tax liability if they file jointly?

a: $38,669

b: $31,499

c: $35,007

d: some other amount (your answer:_________________)