b. Adopted child c. Aunt d. Parent e. All of the above satisfy the test 10. An u

Q: b. Adopted child c. Aunt d. Parent e. All of the above satisfy the test 10. An u

Part 10 To file as head of household, you must: Thus he an file as HoH (Option b) Part 11 Option C The taxpayer's total itemized deductions. PArt 12 Answer is option A ($145000 - $ 32000 = $ 113000) if no exemption of $ 4050 for 2017 is considered otherwise it would be none of the above. Part 13 Gifts. gift tax applies to the person givingi it and not receivingi t **An expert it allowed to answer initial 4 subparts in case if multi part qtns**

ID: 2555616 • Letter: B

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b. Adopted child c. Aunt d. Parent e. All of the above satisfy the test 10. An unmarried taxpayer who maintains a household for a dependent whose spouse died in the prior year should file as: a. b. c. d. e. Single Head of household Qualifying widow or widower Married, filing separately None of the above 11. All of the following factors are important in determining whether an individual fs required to file an income tax return, except: a. b. c. d. The taxpayer's filing status The taxpayer's gross income The taxpayer's total itemized deductions The availability of the additional standard deduction for taxpayers who are elderly None of the above e. 12. Oscar and Mary have no dependents and file a joint income tax return for 2016 For 2017, they have adjusted gross income of $145,000 and itemized deductions of $32,000. What is the amount of taxable income that Oscar and Mary must report on their 2017 income tax return? a. $113,000 b. $109,000 c.$129,000 d. $130,600 e. None of the above 13. All of the following amounts are taxable income to the recipient except: a. Prizes Salariescompensation d. Farm income e. Gifts 14. Mary received the following items during 2017 Christmas bonus from her employer Christmas gift from her father Prize won in a radio show contest $500 35 100 What is the total amount of the above items that must be included in Mary's 2016 gross income?

Explanation / Answer

Part 10

To file as head of household, you must:

Thus he an file as HoH (Option b)

Part 11

Option C The taxpayer's total itemized deductions.

PArt 12

Answer is option A ($145000 - $ 32000 = $ 113000) if no exemption of $ 4050 for 2017 is considered otherwise it would be none of the above.

Part 13

Gifts. gift tax applies to the person givingi it and not receivingi t

**An expert it allowed to answer initial 4 subparts in case if multi part qtns**

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b. Adopted child c. Aunt d. Parent e. All of the above satisfy the test 10. An u

b. All requested variables entered. Model Summary Adjusted R Std. Error of Squar

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b. Adopted child c. Aunt d. Parent e. All of the above satisfy the test 10. An u

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