Question

Ben, age 67, and Karla, age 58, have two children who live with them and for whom they provide total support. Their daughter is 21 years old, blind, is not a full-time student and has no income. Her twin brother is 21 years old, has good sight, is a full-time student and has income of $3,900.

Required:
1. Ben and Karla can claim how many personal and dependency exemptions on their tax return?
A) 2
B) 3
C) 4
D) 5

Answer 1

C

Step-by-step explanation:

Remember, the family is made up of four individuals who fall under the category to be used for tax exemptions. Here's a breakdown below:

•Ben qualifies for his own personal exemptions.

•His wife Karla also has her own personal exemptions.

• Their 21-year-old daughter is disabled, also qualifies for same.

• Their son a full-time student whose income is just $3,900 also qualifies for an exemption.