Scenario 10 Using 2021 tax law, indicate: the taxpayers' correct and most favorable filing status; whether the taxpayer is eligible to claim either the Child Tax Credit and/or the Other Dependent Credit; and whether the taxpayer is eligible to claim and receive the Earned Income Credit. Numbers in parentheses indicate age. The taxpayer is the first individual named. Taylor (47) is unmarried. Taylor's wife, Michelle, died on May 30, 2019. For 2019, he filed a joint return. He has not remarried. His daughter, Karen (16), is a student and lived with him for all of 2020 and 2021. They are both U.S. citizens and have social security numbers valid for employment. Taylor provides more than 50% of the household support. Taylor's 2021 income consisted of $37,298 in wages and $898 in dividends and his 2019 wages were $39,594 with $742 in dividends. Karen's wages were $5,783. She spent $800 of her wages on herself and the rest was put away for college. Taylor had no other income, including any foreign income. Question 55 of 81. What is Taylor's correct and most favorable 2021 filing status? O Single. O Married filing jointly. O Married filing separately. Head of household. O Qualifying widow(er). Mark for follow up Question 56 of 81. What is Karen's dependency status for Taylor? Qualifying Child Dependent. Qualifying Relative Dependent. Not a dependent. Mark for follow up Question 57 of 81. Is Taylor eligible to claim the Child Tax Credit and/or the Other Dependent Credit for any potential dependent? Choose the best response. Taylor is eligible to claim the Child Tax Credit. Taylor is eligible to claim the Other Dependent Credit. Taylor is not eligible to claim the Child Tax Credit or the Other Dependent Credit. Mark for follow up Question 58 of 81. Is Taylor eligible to claim and receive the Earned Income Credit for 2021? O Yes No. Mark for follow up Question 59 of 81. Is Taylor eligible to utilize the 2019 lookback provision for the Earned Income Credit? Yes. No. Mark for follow up x Back Save/Return Later Summary Next >>