In Year 1, Sandy and Chris Jones provided more than half of the support for each

Question

In Year 1, Sandy and Chris Jones provided more than half of the support for each of their four unmarried adult children, Megna, Britt, Kay, and Lisa. All four children are U.S. citizens and all but Lisa live near the college they are attending. Megna is a 25-year-old full-time graduate student with no income. Britt, a 22-year-old part-time student, earned $15,000 from a part-time job as a security guard. Kay, a 19-year-old part-time student, earned $2,000 from a part-time job at the movie theater. Lisa, an 18-year-old rebellious child, lived alone, earned $7,700 as a waitress, and did not attend school during Year 1. What is the total number of exemptions Sandy and Chris can claim on their Year 1 joint income tax return?

A) 3

B) 4

C) 5

D) 6

Explanation / Answer

To claim exemption for children they must be qualifying child the criterio for qualifying child are: 1) The child did not provide more than half of his support for the year 2) The age must be under 19 or under age 24 if full time student for the year exemption Sandy 1 Chris 1 Megna 25 years old full time student 1 Britt no as 22 years old but part time student 0 Kay is 19 but part time student 0 Lisa a 18 year old 1 Total exemption 4 Answer should be Option B 4 If any doubt please comment

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