Question: Problem 2: State YES or NO whether these people have to file a tax return for 2021: 1) Jim is single, age 66 and earned

 Problem 2: State YES or NO whether these people have to

Problem 2: State YES or NO whether these people have to file a tax return for 2021: 1) Jim is single, age 66 and earned $12,200 this year. 2) Fran is married and earned $3,500 this year. Her and her husband have no children. Her husband filed married filing separate and itemized. 3) Joe and Francis are married and both are over 70 yrs of age. They had combined income of $20,800. 4) Marsha and her husband are under 65 and have no children. They earned 26,000 this year. 5) Jack is single, age 43 and has a dependent child living with him whom he supports. Jack earned $14,000. Problem 2: State YES or NO whether these people have to file a tax return for 2021: 1) Jim is single, age 66 and earned $12,200 this year. 2) Fran is married and earned $3,500 this year. Her and her husband have no children. Her husband filed married filing separate and itemized. 3) Joe and Francis are married and both are over 70 yrs of age. They had combined income of $20,800. 4) Marsha and her husband are under 65 and have no children. They earned 26,000 this year. 5) Jack is single, age 43 and has a dependent child living with him whom he supports. Jack earned $14,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!