Jerry, age 23, a full time student and not disabled, lives with William and Sheila Carson.  Jerry is William's older brother. Jerry is single, a US citizen, and does not provide more than one half of his own support.  William and Sheila are both 21 and file a joint return. Can William and Sheila claim a dependency exemption for Jerry as a qualifying child? Please go to the IRS website noted below: https://www.irs.gov/ Please review Publication 501 and let us know if William and Sheila can claim Jerry as a qualifying child.

Q: Situation 1) Fiona’s niece is sixteen and has come to the U.S. from Ireland because her parents were…

A: Meaning of Dependent Dependents can be your child, step child or sibling. In this question, the…

Q: In each of the following situations, determine whether the taxpayer(s) has/have a dependent and if…

A: “Since you have posted a question with multiple sub-parts, we will provide the solution only to 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: Marsha is 23 years old and single. She cannot be claimed as a dependent by another taxpayer. •…

A: Taxable income is the amount of income computed to measure the amount of taxes to be paid to the…

Q: What is the total “For AGI” deductions? Paul Turner is single and has two children, Allen and Lee…

A: Alimony deductible refers to the allowances which are allowed for husband or wife by the order of…

Q: Patty Banyan is a single taxpayer, age 27 (birthdate May 18, 1992) living at 543 Space Drive,…

A: Form W-2: It is the IRS tax form used in the Country U, to report the total wages paid by the…

Q: Roberta Santos, age 41, is single and lives at 120 Sanborne Avenue, Springfield, IL 60781. Her…

A: Definition:

Q: Marsha is 23 years old and single. She cannot be claimed as a dependent by another taxpayer. Marsha…

A: Filling a tax return means to fill a form in which a tax payer has to mention his earnings, all his…

Q: Joey lives in North Carolina, a common law state. He is a shareholder in an S corporation. If he…

A: S corporations are ordinary business corporationst that elect to pass corporate income, losses,…

Q: Allen and Charlotte  married in 2020 the file a joint return  for the yeard but irs off set because…

A: Tax refers to the amount charged by the government from individuals and organizations on the income…

Q: Jenny is a student from Sweden who comes to Australia to study for a four-year bachelor degree in…

A: Tax is the term which is defined as the compulsory charge that is in percentage form and it is…

Q: Lorna is a single taxpayer. Which of the following people qualify as her dependents? (all are U.S.…

A: There are 2 types of dependency categories:- 1. Qualified child 2. Qualified relative

Q: In 2019, Nonie a married Filipino resident was the sole support of his uncle, cousin, nephew, niece…

A: Answer:-  Dependent meaning:- A dependent is someone who relies on another person for help, most…

Q: Please read the information and answer the questions: Jason, 39 and single, helps support his…

A: As per IRS rules 2020 for qualifying children  the rules…

Q: Jane Smith, age 40, is single and has no dependents. She is employed as a legalsecretary by Legal…

A: Federal tax laws: “Federal tax laws reflect the three branches of the federal government. It is 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: Alexandra, single with no dependents, has waterfront rental property in Maine, but she is a…

A: Income Taxes- Taxes at the federal and state levels are imposed on the income of people, businesses,…

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: the family home and both children of the marriage live with him. His daughter is 23-year-old and has…

A: The answer has been mentioned below.

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

A: Taxable Income is the net amount of income on which tax is imposed or determined using appropriate…

Q: John and Jill are a de facto couple who purchase a family home and a rental property in January…

A: Tax is the charge which is levied on the taxable income. Capital gain is the gain which arises when…

Q: tim is living with his spouse in California when he finds out that his wife is having an affair. Tim…

A: Tax is a charge which is charged on the taxable income of the taxpayer. This tax amount is…

Q: Kiara (31) is married. However, she and her two children, Xavier (3) and Shandra (5), moved back in…

A: Answer: Given Kiara is married but not divorced till 2020 She has two children who are dependent…

Q: Aman (46) and Katy (46) are married and want to file together. Their sons, Jason (18) and Julie…

A: Answer: As per Q/A guidelines, only first three subparts are to be solved. Please repost rest…

Q: Tim (49) and Deborah (50) are married and want to file together. They have two children, Jude (20)…

A: Answer: As per Q/A guidelines, we have answered first three subparts. Please repost remaining…

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: orest is a full-time employee in Marlboro, South Dakota, who earns $58,450 annually, paid biweekly.…

A: Garnishment : It is the legal process for collecting monetary judgement on behalf of debtor and…

Q: Laura is filling her 2021 tax return and is calculating her pesonal exemtion.  Single and age 25…

A: Personal exemption of IRS (Internal Revenue Service) refers to the exemptions which can be claimed…

Q: ssable income was $ 150,000 and deduction $ 20,000 in Financial Year 2019-2020. He does not have a…

A: Step 1 Tax liability is the total amount of tax debt owed by an individual, corporation, or other…

Q: Niles and Marsha adopted an infant boy (a U.S. citizen). They paid $15,500 in 2020 for…

A: Income tax:   Income tax is the tax that an individual is responsible for on their earned income. It…

Q: Bert Baker and Ernestine Moffet were never formally married but have lived together as husband and…

A: Introduction:- Individuals or enterprises (taxpayers) pay an income tax depending on their earnings…

Q: Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal…

A: Federal tax levy: The amount of taxes levied on an employee's take-home pay, based on the levy rate…

Q: ocial Security numbers. Paul earned $18,000 in wages. Maggie earned $20,000 in wages. In order to…

A: The Child and Dependent Care Credit will be phased away in 2021. Because this is a refundable tax…

Q: Libby is a single mom with two kids.How many exemptions can she claim on her federal income tax…

A: Exemption of dependent persons: A single parent is allowed to claim applicable deductions and…

Q: Niles and Marsha adopted an infant boy (a US. citizen). They paid $19,250 in 2017 for…

A: For adoptions finalized* in 2017, the adoption tax credit is up to $13,810 per child. The 2018…

Q: In 2015 Chara incurred a loan to pay for qualified higher education expenses for her 20-year-old…

A: Education loan is taken to meet the academic expenses of higher education and the related expenses…

Q: Jeff is a single taxpayer who sold his home when he was transferred from NY to Denver by his…

A: Exclusion gain is the amount which is obtained when a house is sold and is the capital gain is…

Q: Interview Notes  Marsha is 23 years old and single. She cannot be claimed as a dependent by another…

A:

Q: Richard is age 39 and was widowed in 2017. He has a daughter, Isabella, age 5. • Richard provided…

A:

Q: a. Gina, their daughter, age 22, a full-time student, who married on December 21, 2018, has no…

A: A tax deduction is declared by the taxable assessee for which the tax is being determined and he…

Q: Tom and Rachel are married and living together in California. Their income is as follows: Tom's…

A: INTRODUCTION: Income tax is a tax paid to the government depending on your earnings (and profit, in…

Q: Niles

A:

Q: Jenny is a student from Sweden who comes to Australia to study for a four-year bachelor’s degree in…

A: Tax refers to a percentile form of mandatory charged which is levied on the desired incomes or…

Q: Trey has two dependents, his daughters, ages 14 and 17, at year-end. Trey files a joint return with…

A: As per IRS, the maximum credit that per child under child tax credit is $2,000 if the age of the…

Q: Clarita is a single taxpayer that lives in the U.S. with two dependent children, ages 10 and 12.…

A: Child and dependent care credit: According to IRS, the person ( who incurred any expenses for the…

Q: Alison and her husband, Tyrone, were married at the beginning of 2021. They separated on July 5,…

A:

Q: For each of the following cases, indicate the filing status for the taxpayer(s) for 2020 using the…

A: Tax return: A document submitted to the taxation authorities that contains information relating to…