..ooo AT&T; 2:32 PM 72% . Done 10 of 13 251 Mr. and Mrs. Pcarson are filing a jo

Question

..ooo AT&T; 2:32 PM 72% . Done 10 of 13 251 Mr. and Mrs. Pcarson are filing a joint return for the current year. Mr. Pearson is 66 ycars of age, and Mrs. Pearson is 49 years of age. The Pearsons fully supported their 16-year- old daughter. Their 21-year-old son, a full-time university student, had $4,100 of income from a part-timey band provided 30% of his own support during the current year. The Pearsons supplied the remaining support for their son. How many personal exemptions may the Pearsons claim on their current-year joint tax return? A. 2 B. 3 C. 4 D. 5

Explanation / Answer

Ans is A 2,

Explanation: Personal exemption applies to self and spouse if filing jointly, other comes under dependent exemption that is for your qualifying child or relative. So personal exemption can be taken maximum 2 for joint filing case.

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