William, a 42 year old bachelor, pays $450 per month support for his 75-year old mother...

William, a 42 year old bachelor, pays $450 per month support for his 75-year old mother who is disabled and living in a rest home. She receives a taxable pension of $100 per month and uses the entire $550 per month for routine living expense.

Calculate number of exemptions that could be claimed and the standard deduction that the tax payer is entitled to take in 2019 in the above case.

Solutions

Expert Solution

Solution:

Number of exemptions that could be claimed = 2

Standard deduction that the tax payer is entitled to take in 2019 in the above case= $ 12,200

ekkarill92 answered 2 years ago

Next > < Previous

Related Solutions

Sam pays his 19-year-old son, Joshua, $550 per month to maintain the lawn and garden at...

Sam pays his 19-year-old son, Joshua, $550 per month to maintain the lawn and garden at the family residence. Is Sam subject to the household employment tax rules for Joshua? Why or why not? Justin Case, a single taxpayer, paid mortgage interest of $2,579, paid real estate taxes of $1,751, and gave $3,750 to United Family Church, for which he received a contribution statement. What type of return is generally prepared based on this information? Warren has self-employment income of...

Shamus provides support for the following dependants: • His 42 year old spouse who has a...

Shamus provides support for the following dependants: • His 42 year old spouse who has a physical infirmity. • His 63 year old father who has a mental infirmity. • His 67 year old mother who is in good health. • His 12 year old son who has a physical infirmity. He can claim the Canada caregiver credit (based on $7,276 for 2020) for: his father only. his mother only. all of the listed dependants. his spouse, his father, and...

A 42-year-old male reports pain in his lower back for the past month. The pain sometimes...

A 42-year-old male reports pain in his lower back for the past month. The pain sometimes radiates to his left leg. In determining the cause of the back pain, based on your knowledge of anatomy, what nerve roots might be involved? How would you test for each of them? What other symptoms need to be explored? What are your differential diagnoses for acute low back pain? Consider the possible origins using the Agency for Healthcare Research and Quality (AHRQ) guidelines...

A 42-year-old male reports pain in his lower back for the past month. The pain sometimes...

A 17 year old mother brought her 9 month old infant son in for a health...

A 17 year old mother brought her 9 month old infant son in for a health maintenance check up. You note the baby appears a little pale, capillary refill is greater than 5seconds and his conjunctiva are pale? You ask mom how the baby is eating and what she is feeding him. a) What are you trying to ascertain, in other words, what are some of the medical diagnosis that come to mind? b) what nursing care should you implement?...

Baby S (a 3-month old baby boy) was brought to the clinic by his foster mother....

Baby S (a 3-month old baby boy) was brought to the clinic by his foster mother. He has been in her care only 24 hours and came with some problems due to lack of care. He has an inflamed bottom near his genitalia and anus. The foster mother states that he has been crying nearly continually since he came to her, and he is very uncomfortable when he urinates. He looks dehydrated as his lips are dry and skin appears...

Josiah, a 22-month-old boy, lives with his mother and grandmother. He is at an early childhood...

Josiah, a 22-month-old boy, lives with his mother and grandmother. He is at an early childhood center during the weekdays, and due to his mother's work schedule does not get home until after 6 p.m. most days. His mother and grandmother allow him to walk around the house with apple juice in a sippy cup while they are preparing dinner. He also "demands" snacks such as crackers, slices of cheese, and cookies. When they attempt to put Josiah in his...

William Carey will deposit $800 per month into his retirement account. How much will he have...

William Carey will deposit $800 per month into his retirement account. How much will he have after 35 years if he can earn an APR of 15 percent compounded monthly? $11,741,744.13 $11,857,975.58 $11,968,646.27 $12,324,257.28 None of the Above

Mr.John confides in the nurse that his 86 year old mother was diagnosed with the same...

Mr.John confides in the nurse that his 86 year old mother was diagnosed with the same illness three weeks ago but did not exhibit all the symptoms he was experiencing and had to be kept in hospital for an extended period of time. Explain why his elderly mother did not possess his symptoms but was much more ill?

A 10-year-old boy presented to a new pulmonary physician for evaluation. His mother stated that his...

A 10-year-old boy presented to a new pulmonary physician for evaluation. His mother stated that his primary condition was asthma. He had developed respiratory symptoms at 2 months of age, had been seen by many specialists, and had been on multiple medications since that time. The pregnancy was uneventful. When he was 2 months old, he developed a recurrent cough. He was started on albuterol and then, at 6 years of age, switched to levalbuterol hydrochloride. At various times he...

Subjects