Darrell (46) is unmarried. His mother, Marlene (81), lives in a nursing home. Darrell pays the entire cost of the nursing home and more than 50% of Marlene's total support. Darrell's wages were $77,000; Marlene's income consisted of $1,800 taxable interest and $9,600 social security benefits. What is Darrell's correct and most favorable 2019 filing status

Q: Barbara is age 57 and was widowed in 2021. She wns her own home and provided all the cost of eeping…

A: Determination of Dependency To determine the dependency criteria the important aspect is the…

Q: Darrell (46) is unmarried. His mother, Marlene (81), lives in a nursing home. Darrell pays the…

A: Filing status is defined as the kind of tax return from the taxpayer would use when filing the…

Q: In 2020, Laureen is currently single. She paid $2,320 of qualified tuition and related expenses for…

A: AOTC: American opportunity tax credit (AOTC) is a credit available for qualified tuition and…

Q: ompute their net tax payable or refund appropriate tax rate schedule (not the Tax Tables). If you…

A:

Q: Denise is divorced and files a single tax return claiming her two children, ages 7 and 9, as…

A: Given, AGI = $ 81,500 Dependent children = 2 Age = 7& 9 Tax return TYPE = Single

Q: Gilbert is an elementary school teacher at a public school. Gilbert and Tara are married and choose…

A: Here given the illustration to fill up the form of 1040 for taxes for married filled jointly.  The…

Q: Shawn (53) is unmarried, his two daughters, April (22) and May(19), and his granddaughter Ana lived…

A: Answer: Concept Shawn is unmarried and is earning income to contribute expenses $11700 in maintain…

Q: Devi was divorced in 2019 and receives child support of $250 per month from her ex-husband for the…

A: Income tax allows to claim child tax credit if following conditions are satisfied. 1. The child must…

Q: Using the following facts, determine Jaron’s 2019 taxable income. 1. In November 2017, when his wife…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Louise Lewis, age 72, is married and supports her mother, age 96. During 2021. Louise pays $1,300…

A: Medical expenses are deductible over 7.5% of Adjusted gross income. Adjusted Gross income = $100000…

Q: In 2021, Laureen is currently single. She paid $2,600 of qualified tuition and related expenses for…

A: AOTC is allowed =100% on first 2000 and 25% of remaining  Maximum AOTC allowed=2500 per dependant

Q: In 2021, Laureen is currently single. She paid $2,600 of qualified tuition and related expenses for…

A: Note:

Q: Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole…

A: Deduction represents the amount that is deducted from the tax liability of the individual.

Q: Samuel and Annamaria are married, file a joint return, and have three qualifying children. In 2019,…

A: Employees and families with low and moderate incomes might benefit from the Earned Income Tax Credit…

Q: Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in…

A: Given, Clarita is a single taxpayer Dependent children = 2 (below age 13) Qualified child care…

Q: . Taxpayer, age 16, is claimed as a dependent by his mother. In 2019, he has dividend income of…

A: Taxable income is computed after deducting all the standard or itemized deductions for which the…

Q: John Jay, 45, is married and supports his mother, age 67. During 2020, he paid $1,300 for…

A: Medical and Dental expenses paid during the year by cash/check  less reimbursed portion by employer…

Q: Jason's earned income credit

A:

Q: Emily, who is single, has been offered a position as a city landscape consultant. The position pays…

A: Taxable Income- Taxable income a term refers to the base upon which an income tax system imposes…

Q: Wanda is a single taxpayer and an elementary school teacher. She also tutors students in her home as…

A: GIVEN, School supplies for classroom= $300 Supplies and material for tutoring = $400 she uses 200…

Q: In 2021, Laureen is currently single. She paid $2,600 of qualified tuition and related expenses for…

A:

Q: Ava and her husband, Leo, file a joint return and are in the 24% Federal income tax bracket in 2020.…

A: In case of b part, if Ava avails the plan then income tax savings will be 10% of reimbursement…

Q: During 2021, Jenny, age 14, lives in a household with her father, uncle, and grandmother. The…

A: Income Tax- Income Tax refers to the charge which is calculated on the salary of a personal or a…

Q: Ian, 37, and Isabella, 36, are married and file a joint tax return.  They have one child, Ingrid…

A: Income Tax - It is tax imposed by the government on company or individual with respect to their…

Q: Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in…

A: Standard deduction refers to the non-taxable portion of income. It is based on the age, filing…

Q: s. Yank was seriously injured in a traffic accident caused by another driver’s negligence. This…

A: Given  Adjusted gross income (AGI) Taxable income Mrs. Yank's regular income tax AMT Mrs.…

Q: Martin, a 50-year-old single taxpayer, paid the full cost of maintaining his dependent mother in a…

A: Martin is the head of household, hence standard deduction will be $18,350 for 2019.

Q: Devi was divorced in 2019 and receives child support of $250 per month from her ex-husband for the…

A: Income tax allows to claim child tax credit if following conditions are satisfied.   1. The child…

Q: Ava and her husband, Leo, file a joint return and are in the 24% Federal income tax bracket in 2020.…

A: Particulars When they consider the option When they do not consider the option Income 75,000…

Q: Ava and her husband, Leo, file a joint return and are in the 24% tax bracket in 2019. Ava’s employer…

A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…

Q: Randy and Rachel are eligible for a $fill in the blank 1 adoption credit in 2020. b.  Assume the…

A: a. Result: Maximum adoption tax credit available is up to $14,300 per adopted child in 2020.

Q: Julio and Maria Gomez are retired and they live at 567 Ono Way, Cambria, CA 94457. Julio's Social…

A: One of the official forms used by U.S. taxpayers to file their annual income tax returns is the IRS…

Q: Katrina, age 58, rented (as a tenant) the house that was her principal residence from January 1,…

A: Calculation:

Q: Susan, a self-employed solicitor, has the following taxable income and allowable outgoings for 2020:…

A: USC is a tax payable on your total income. Total income for USC purposes includes things such as:…

Q: ceives benefits from a qualified pension plan of $2,750 a month for life. His total contributions to…

A: SOLUTION- WORKING NOTES- 1-CALCULATE EXCLUSION PER MONTH- =PENSION A'S INVESTMENT IN PLAN / NUMBER…

Q: Jason, 39 and single, helps support his mother Maria and his girlfriend Layla, both of whom are U.S.…

A: Important information from the question: Jason, 39 and single, helps support his mother Maria and…

Q: Paul, age 40 and single, has an 8-year-old son, Larry. Larry resides with his mother, Susan, in her…

A: Answer:-  Standard deduction:- Standard deduction is that portion of income which is not subject to…

Q: Tyler, a single taxpayer, generates business income of $3,000 in 2016. In 2017, he generates an NOL…

A: As per IRS, the net operating losses are the excess of tax-deductible expenses over taxable revenues…

Q: Rex and Dena are married and have two children, Michelle (age seven) and Nancy (age five). During…

A: Tax credits: Tax credit reduces the tax liability of the tax payer. Through tax credit an individual…

Q: In 2021, Laureen is currently single. She paid $2,600 of qualified tuition and related expenses for…

A: American opportunity credit: $4300 Lifetime Learning Credit: $2000

Q: Alton Newman, age 67, is married and files a joint return with his wife, Clair, age 65. Alton and…

A: Gross income:  Gross income is the sum of all forms of income of the taxpayer before claiming any…

Q: Harry is divorced from Kate. Pursuant to the divorce decree, they alternate years claiming their…

A: The Recovery Rebate Credit a part of Coronavirus Aid Relief and…

Q: Richard and Alice are divorced and under the terms of their written divorce agreement signed on…

A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…

Q: evelyn is 68 years old, her tax filing status is single, her adjusted gross income (AGI) is $16,000,…

A: Credit for the elderly or permanently and totally disabled is available subject to certain income…

Q: Juan, who is single, is a self-employed carpenter as well as an employee of Frame It, Inc. His…

A: Workings: Given values: Net Income is $ 35000

Q: In 2021, Laureen is currently single. She paid $2,740 of qualified tuition and related expenses for…

A: (AGI) is stands for "Adjusted Gross Income" which is described as gross income minus adjustments to…

Q: Jim Planter, who reached age 65 on January 1, 2021, filed a joint return for 2021 with his wife,…

A: As per IRS dependents can be a qualified relative or can be a qualified child

Q: John Jay, 45, is married and supports his mother, age 67. During 2019, he paid $1,300 for…

A: In order to reduce the tax payable , the tax payer claims an itemized deduction which is an…

Q: Marlene, age 52, is not married and has salary income of $210,000 during 2020. She pays for all of…

A: Marlene's regular Taxable Income Particulars Amount ($) Income from Salary 210,000 Income…