Question

William is married filing a joint return. He has 3 children, all of whom qualify as dependents. One of the children, age 15, qualifies for the Oregon disable child exemption. William is 62 and his wife is 66. The number of exemption credits that is claimed on the Oregon return is:

a. 4.
b. 5.
c. 6.
d. 7.

Answer 1

William and his wife, filing jointly with 3 qualifying dependents, including one with a disability, can typically claim five exemption credits on their Oregon tax return.

Step-by-step explanation:

William, who is married and files a joint return, can claim exemption credits on his Oregon tax return for himself, his spouse, and their qualifying dependents. As William has 3 children, all of whom qualify as dependents, and one of the children is eligible for the Oregon disabled child exemption, this would typically add up to 5 exemptions (one each for William and his spouse, and one for each child).

However, given the age of William and his spouse, they may also qualify for additional exemptions or credits based on age, but the additional information provided does not specify the Oregon tax code exhaustively.

Therefore, based solely on the information of dependents, the number of exemption credits William can claim is five.