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SHAKUN ) Katy has one child, Dustin, who is 18 years old at the end of the year. Dustin lived at 24) home for three

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SHAKUN ) Katy has one child, Dustin, who is 18 years old at the end of the year. Dustin lived at 24) home for three months during the year before leaving home to work full-time in another city. During the year, Dustin earned S15,000. Katy provided more than half of Dustin's support for the year. Which of the following statements regarding whether Katy may claim Dustin as a dependent for the current year is accurate? A) No, Dustin fails the support test for a qualifying relative. B) No, Dustin fails the gross income test for a qualifying relative. C) Yes, Dustin fails the residence test for a qualifying child but he is considered a qualifying relative of Katy D) Yes, Dustin is a qualifying child of Katy. 25) William and Charlotte Collins divorced in November of year 1. William moved out and 25) Charlotte remained in their house with their 10-month-old daughter Autumn. Diana, Charlotte's mother, lived in the home and acted as Autumn's nanny for all of year 1. William provided 70% of Autumn's support, Diana provided 20%, and Charlotte provided 10%. When the time came to file their tax returns for year 1, william. Charlotte, and Diana each wanted to claim Autumn as a dependent. Their respective AGIs for year 1 were $50,000, $35,000, and $52,000. Who has priority to claim Autumn as a dependent? A) Charlotte. B) William C) Diana. D) They must negotiate amongst themselves. 26) 26) Earl and Lawanda Jackson have been married for 15 years. They have no children. Ned, who is an old friend from high school, has been living with the Jacksons during the current year. Which of the following is a true statement regarding whether the Jacksons can claim Ned as a dependent for the current year? A) If Ned lived in the Jackson's home for the entire year, he will qualify as their dependent no matter who provided his support. B) If Ned is over 19 or he is not a full-time student, he cannot qualify as the Jackson's dependent. C) If Ned moved into the Jackson's home in June and he lived there for the remainder of the year, he may qualify as the Jackson's qualifying relative. D) Assume that Ned originally moved into the Jackson's home two years ago and he has lived there ever since. If this year Ned earned $3,000 at a part time job and he received $5,000 in municipal bond interest, he may qualify as the Jackson's dependent so long as the Jacksons provided more than half his support

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