Question

1. kiddie tax 2. itemized deductions 3. marriage penalty 4. multiple support agreement 5. head of household select that applys

1. to reduce the tax savings that result from shifting income from parents to children, the net unearned income of a child under age 19 is taxed as if it were the parents' income
2. certain personal expenditures allowed by the Code as deductions from adjusted gross income
3. the additional tax liability that results for a married couple compared with what their tax liability would be if they were not married and filed separate returns
4. to qualify for a dependency exemption, over 50% of the support of the potential dependent be provided by the taxpayer. where no one person provides more than 50 percent of the support, this enables a taxpayer to still qualify for the dependency exemption if certain requirements are met
5. an unmarried individual who maintains a household for another and satisfies certain conditions

Answer 1

The subjects in question relate to different aspects of personal income taxation, including the kiddie tax, itemized deductions, marriage penalty, multiple support agreement, and head of household.

Step-by-step explanation:

The subjects in question (kiddie tax, itemized deductions, marriage penalty, multiple support agreement, and head of household) all relate to different aspects of personal income taxation. Here are the definitions for each:

1. Kiddie tax: To reduce the tax savings that result from shifting income from parents to children, the net unearned income of a child under age 19 is taxed as if it were the parents' income.
2. Itemized deductions: Certain personal expenditures allowed by the Code as deductions from adjusted gross income.
3. Marriage penalty: The additional tax liability that results for a married couple compared with what their tax liability would be if they were not married and filed separate returns.
4. Multiple support agreement: To qualify for a dependency exemption, over 50% of the support of the potential dependent must be provided by the taxpayer. When no one person provides more than 50 percent of the support, this enables a taxpayer to still qualify for the dependency exemption if certain requirements are met.
5. Head of household: An unmarried individual who maintains a household for another and satisfies certain conditions.