Is aishwarya allowed to claim a dependency exemption

Assignment Help Accounting Basics
Reference no: EM13506477

Aishwarya's husband passed away in 2012. She needs to determine whether Jasmine, her 17-year old step-daughter who is single, qualifies as her dependent in 2013. Jasmine is a resident but not a citizen of the United States. She lived in Aishwarya's home from June 15 through December 31, 2013. Aishwarya provided more than half of Jasmine's support for the 2013.

a. Is Aishwarya allowed to claim a dependency exemption for Jasmine for 2013?

b. Would Aishwarya be allowed to claim a dependency exemption for Jasmine for 2013 if Aishwarya provided more than half of Jasmine's support in 2013, Jasmine lived in Aishwarya's home from July 15 through December 31 of 2013, and Jasmine reported gross income of $5,000 in 2013?

c. Would Aishwarya be allowed to claim a dependency exemption for Jasmine for 2013 if Aishwarya provided more than half of Jasmine's support in 2013, Jasmine lived in Aishwarya's home from July 15 through December 31 of 2013, and Jasmine reported gross income of $2,500 in 2013?

Reference no: EM13506477

Questions Cloud

Define a molecular equation for the precipitation reaction : Write a molecular equation for the precipitation reaction (if any) that occurs when the following solution are mixed. How do you convert these over and please show steps.
Determine the taxpayer filing status : In each of the following independent situations, determine the taxpayer's filing status and the number of personal and dependency exemptions the taxpayer is allowed to claim.
State a molecular equation for the precipitation reaction : Write a molecular equation for the precipitation reaction (if any) that occurs when the following solution are mixed. How do you convert these over and please show steps.
Define inherent risk and residual risk : Identify the population from which you should select a sample to test control and Define inherent risk and residual risk.
Is aishwarya allowed to claim a dependency exemption : Would Aishwarya be allowed to claim a dependency exemption for Jasmine for 2013 if Aishwarya provided more than half of Jasmine's support in 2013.
Process of moral socialization : Inherent contradiction between the process of moral socialization and some people's desire or belief in a unified american culture? the consequences of this socialization process through subculture for American society at last - can there be a uni..
Is it possible for isabella to claim a dependency exemption : Isabella provides 30% of the support for her father Hastings who lives in an apartment by himself and has no gross income. Is it possible for Isabella to claim a dependency exemption for her father? Explain.
Explain what is the molarity of hno3 : The sodium hydroxide solution was prepared by dissolving 10.00 g of solid NaOH in sufficient water to form 200.00 mL of solution. If the equivalence point was reached after the addition of 23.50 mL of the NaOH solution, what is the molarity of HNO..
What is the power dissipated by the resistor : If a current of 8.3 A is drawn from the battery when a resistor R is connected across the terminals ab of the battery, what is the power dissipated by the resistor R

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd