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Sadie and Wade are married and file jointly. They provide 60% of the support for their daughter (age 19 and a full-time student) and 100%
Sadie and Wade are married and file jointly. They provide 60% of the support for their daughter (age 19 and a full-time student) and 100% of the support for their son (age 15), both of whom live with Sadie and Wade for the entire year. Their daughter has $6,900 of wages from a part-time job, and their son has no income.
Consider the following information: (Click the icon to view the taxpayer information.) Requirement How many dependents does the taxpayer have, assuming the people involved are U.S. citizens? What amount of credit may be claimed for the taxpayer's dependents? (Select "0" if the taxpayer has no dependents. Enter "O" if the amount of the credit claimed is zero.) Number of Amount of dependents credit claimed Taxpayer Albert supports his cousin Melody, who does not live with him. Melody has no a. income and is single. 0 $ 0 Number of Amount of dependents credit claimed Taxpayer Brock and Abby are filing a joint return. Brock provided over one-half of his father's support. The father received Social Security benefits of $6,400 and taxable interest income of $450 (the Social Security benefits are wholly tax- b. exempt in this situation). The father is single and does not live with them. $ 500 Number of Amount of dependents credit claimed Taxpayer Calvin provides 60% of his single daughter's support. She earned $3,100 while c. attending school during the year as a full-time student. She is 22 years old. Taxpayer Dean provided 30% of his mother's support and she provided 55% of her own support. Dean's brother provided the remainder. The brother agreed to sign a d. multiple support agreement. 1 $ 500 Number of Amount of dependents credit claimed 0 $ 0 Number of Amount of dependents credit claimed Taxpayer Sadie and Wade are married and file jointly. They provide 60% of the support for their daughter (age 19 and a full-time student) and 100% of the support for their son (age 15), both of whom live with Sadie and Wade for the entire year. Their e. daughter has $6,900 of wages from a part-time job, and their son has no incomeStep by Step Solution
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