Unformatted text preview: Requirement
For the above taxpayers, indicate which tax form should be used, the applicable tiling status, and the number of personal and dependency exemptions available, and the number of children who qualify for the child credit. Number of Number of o More Info
Scenario Tax form Filing status exemptions child credit a 1040 E2 Single 1 0 . Arnie is a single college student who eamed $7,?00 working part-time. He had $200 of
b 1040 A Single 1 0 interat income and received $1,000 at support from his parents.
c 1040 ‘ Headﬁthousehmd ‘ 1 ‘ 0 Buddy is a single college student who earned $1700 working part-time. He had $1,300 . of interat income and received $1,000 of support from his parents.
d 1040 A Single 1 0 . . . . . ‘ Cindy is divorced and received $6,000 of alimony trom her tormer husband and earned e 1040 A Head-ot—household 2 1 $12,000 working as a secretary. She also received $1,300 of child support tor her son who iivsﬁ with her. According to a wn‘t‘ten agreement, her former husband is entitled to
receive the dependency exemption. Debbie is a widow, age 63, who receives a pension at $3,000, nontaxable social security
benefits at $3,000, and interest of $4,000. She has no dependents. Edith is married, but her husband left her two years ago and she has not seen him
since. Edith supported herselt and her daughter, age 3. She paid all household
expenses. Her income at $26,000 consisted of a salary of $25,200 and interest of $300. ...
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- Spring '18
- Tom Bonomo
- Accounting, Arnie, Debbie, Edith, single college student