Tax 610 - Assisgment 1.docx - Assignment 1 – Chapter 3 #20...

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Assignment 1 – Chapter 3#20 – Calculate the number of exemptions that could be claimed and the standard deduction that thetaxpayer is entitled to take in 2019 in each of the following independent cases;a.John, age 66, and his wife, age 64, file a joint return.
b.Jack, age 62 and blind, and his wife, who became 65 in January 1 of the following year, file ajoint return
c.Jim and Mary, both 52, contribute more than half the support for Jim’s father, who lives withthem. Jim’s father is 72 and blind. Jim and Mary file a joint return.
d.Harry, age 66, is a widower who maintains a home for himself and his 22-year-old son whoattends college full time. Harry provided more than one half of his son’s support.
e.Jackson is 28 and his wife, Joan, is 27. They have two children, one three-year-old and theother seven years old. On March 29 of this year, Joan gave birth to a daughter, who died thenext day. Jackson and Joan file a joint return.
f.Joe, age 65, and his wife, JoAnne, age 64, maintain a home for their unmarried daughter, age23, who earned $4,000 and attends college on a part – time basis. Joe and JoAnnecontributed $6,000 toward her support. Joe and JoAnne file a joint return.
g.William, a 42-year-old bachelor, pays $450 per month support for his 75-year-old motherwho is disabled and is living in a rest home. She receives a taxable pension of $100 permonth and uses the entire $550 per month for routine living expenses.
h.Same as (g), except William’s mother also receives $400 per month from dividends on stockshe owns. She also uses this amount for routine living expenses.
i.Billy Bob and his wife, Mary Sue, both 45, maintains a home for Mary Sue’s friend, Jackie Jo,age 17, who came to dinner one night several years ago and has lived with them since. JackieJo attends school and has no income. Billy Bob and Mary Sue file a joint return.

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Taxation in the United States, a Jodi

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