May elaine claim james as a dependent

Reference no: EM131526096

Question: Elaine provides more than half of the support for her son James, who does not live with her. James is 26 and is a full-time law student. He earns $2,000 from a part-time job. He has an $11,000 scholarship covering his tuition. May Elaine claim James as a dependent? Fully explain you answer.

Reference no: EM131526096

Questions Cloud

Why random variable x qualifies as binomial random variable : Consider the procedure of flipping a fair coin a fixed number of times. Give three reasons why the random variable X qualifies as a Binomial random variable.

Value of investment today : What is the value of this investment today at a 9 percent interest rate?

Cash inflow rather than as an outflow : Explain why a decrease in NWC is treated as a cash inflow rather than as an outflow?

The american psychological associations code of ethics : Determine whether or not the release of the taped therapy sessions violates the American Psychological Association's Code of Ethics.

May elaine claim james as a dependent : Elaine provides more than half of the support for her son James, who does not live with her. James is 26 and is a full-time law student.

Analyze the manner in which a psychologist would act : Analyze the manner in which a psychologist would act to defend the principle in that case. Provide a rationale for your response.

Compare the resulting time series : Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity.

Boulderado discount rate : Once in production the snowboard is expected to produce annual cash flows of $300,000 each year for 10 years. Boulderado's discount rate is 10%.

Write about possible advantages and disadvantages : Write about Possible Advantages and Disadvantages, Answers, with Visuals - two relevant visuals that help illustrate an advantage.

User Account

All Pages