Transcribed image text: 43 Nevada is single and provides a home for his girifriend, Lois, and her 5 year old daughter Corky. Lois worked in a bakery and earned $3,800. She has no other income. Lois and Corky lived all year with Nevada and he provided all of their support. What is Nevada's filing status? Marks: 1 Choose one answer a. Single b. Head of Household c. Maried Filng Separate d. Married filing Joint Jerome, who files as head of household, received the following income Wages (box 1 of Form W-2) S50,000, Interest income $1,000; Christmas ham (FMV) $22; and DCB, box 10 of Form W-2 S2,000 (Spent $1,500 for childcare) How much gross income must Jerome report? 44 Marks: 1 a $51.500 Choose one answer. b. $53.022 c $53.000 d. $51.022 45 Which of the following taxpayers is eligible to claim the head of household filing status? Marks 1 Choose one answer. a. The taxpayer's boyfriend Iived in the taxpayer's home all of 2018. The boyfriend qualifles as the taxpayer's dependent b. The unmarried taxpayer pays more than half the cost of keeping his father in an assisted living facility The father qualifies as the laxpayer's dependent. C. The taxpayer's married child ived in the taxpayer's home for the entire year. The taxpayer cannol daim the child as a dependent d. The custodial parent has signed a Form 6332. This allows the taxpayer who is the noncustodial parent to claim the child as a dependent Which of the following statements is not correct for reporting a hobby on an income tax return? 46 Marks 1 Choose one answer. a Hobby income is reported on Schedule 1. Ine 21. b. Hobby income and expenses are reported on Schedule C. but Schedule SE is not required to be filed e Deductions are not allowed for expensen against hobby iIncome d. Hobby income is not included in SE income Transcribed image text: 43 Nevada is single and provides a home for his girifriend, Lois, and her 5 year old daughter Corky. Lois worked in a bakery and earned $3,800. She has no other income. Lois and Corky lived all year with Nevada and he provided all of their support. What is Nevada's filing status? Marks: 1 Choose one answer a. Single b. Head of Household c. Maried Filng Separate d. Married filing Joint Jerome, who files as head of household, received the following income Wages (box 1 of Form W-2) S50,000, Interest income $1,000; Christmas ham (FMV) $22; and DCB, box 10 of Form W-2 S2,000 (Spent $1,500 for childcare) How much gross income must Jerome report? 44 Marks: 1 a $51.500 Choose one answer. b. $53.022 c $53.000 d. $51.022 45 Which of the following taxpayers is eligible to claim the head of household filing status? Marks 1 Choose one answer. a. The taxpayer's boyfriend Iived in the taxpayer's home all of 2018. The boyfriend qualifles as the taxpayer's dependent b. The unmarried taxpayer pays more than half the cost of keeping his father in an assisted living facility The father qualifies as the laxpayer's dependent. C. The taxpayer's married child ived in the taxpayer's home for the entire year. The taxpayer cannol daim the child as a dependent d. The custodial parent has signed a Form 6332. This allows the taxpayer who is the noncustodial parent to claim the child as a dependent Which of the following statements is not correct for reporting a hobby on an income tax return? 46 Marks 1 Choose one answer. a Hobby income is reported on Schedule 1. Ine 21. b. Hobby income and expenses are reported on Schedule C. but Schedule SE is not required to be filed e Deductions are not allowed for expensen against hobby iIncome d. Hobby income is not included in SE income