Question

Determine the number of personal and dependency exemptions ineach of the following independent situations.

a) Leo and Amanda (ages 48 and 46) are husbandand wife and furnish more than 50% of the support of their twochildren, Elton (age 18) and Trista (age 24). During the year,Elton earns $4,500 providing transportation for elderly personswith disabilities, and Trista receives a $5,000 scholarship fortuition at the law school she attends.
b) Audry (age 65) is divorced and lives alone. Shemaintains a household in which her ex-husband, Clint, and hismother, Olive, live and furnishes more than 50% of their support.Olive is age 82 and blind.
c) Jacque (age 52) furnishes more than 50% of thesupport of his married daughter, Carin, and her husband, Pierce,who live with him. Both Carin and Pierce are age 18. During theyear, Pierce earned $4,000 from a part-time job. All parties livein New York ( a common law state).
d) Assume that same facts as in (c ), except that allparties live in Nevada ( a community property state).

Answer 1

A) There are 2 personal exemptions : Elton using her money ( $4500 ) to provide transportation for elderly persons with disabilities and Leo and Trista receiving a $5000 scholarship

There are 2 dependency exemption : Elton and Trista staying with their parents is a dependency exemption and Leo and Amanda furnishing more than 50% of the support of their children

B) There is one personal exemption : Audrey been divorced and living alone

There are 2 dependency exemptions : Audrey maintaining a household in which her ex-husband and others live and Olive been old and Blind

C ) There are 2 personal exemptions : Pierce earning $4000 from a part time job and All parties living in NEW YORK

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

D) There are 2 personal exemptions ; Pierce earning $4000 from a part time job and All parties living in NEVADA

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

Step-by-step explanation:

A) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions : Elton using her money ( $4500 ) to provide transportation for elderly persons with disabilities and Leo and Trista receiving a $5000 scholarship

There are 2 dependency exemption : Elton and Trista staying with their parents is a dependency exemption and Leo and Amanda furnishing more than 50% of the support of their children

B) The number of personal and dependency exemptions in this independent situation is

There is one personal exemption : Audrey been divorced and living alone

There are 2 dependency exemptions : Audrey maintaining a household in which her ex-husband and others live and Olive been old and Blind

C ) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions : Pierce earning $4000 from a part time job and All parties living in NEW YORK

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin

D) The number of personal and dependency exemptions in this independent situation is

There are 2 personal exemptions ; Pierce earning $4000 from a part time job and All parties living in NEVADA

There are 2 independent exemption : Jacque furnishing more than 50% of the support of his married daughter and Pierce who is 18 living with Carin