Scott (46) and Stacey (46) are married and want to file together. Their sons, Mason (18) and Connor (14), who are both high school students and single, lived with them all year. They are all U.S. citizens and have valid social security numbers. Scotts wages were $53,560, Stacys wages were $39,900, and they had no foreign or other income. Masons gross income was $7,200; Connors was $350. Mason spent $5,000 towards his own support and saved the other $2,200. His total support paid by himself and his parents was $13,850. Connor saved all of his income.

Question 1

What is Scott and Stacey's correct and most favorable 2020 filing status?

Single.

Married filing jointly.

Married filing separately.

Head of household.

Qualifying widow(er).

Question 2

What is Mason's dependency status for Scott and Stacey?

Qualifying Child Dependent.

Qualifying Relative Dependent.

He is not a dependent of Scott and Stacey.

Question3

What is Connor's dependency status for Scott and Stacey?

Qualifying Child Dependent.

Qualifying Relative Dependent.

He is not a dependent of Scott and Stacey.

Question 4

Are Scott and Stacey eligible to claim the Child Tax Credit (CTC) and Additional Child Tax Credit (if the CTC is limited), or the Other Dependent Credit for any potential dependent? Choose the best response.

Scott and Stacey may only claim the Child Tax Credit.

Scott and Stacey may only claim the Other Dependent Credit.

Scott and Stacey may claim both the Child Tax Credit and the Other Dependent Credit.

Scott and Stacey are not eligible to claim the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit.

Question 5

Are Scott and Stacey eligible to claim and receive the Earned Income Credit?

Yes

No