In: Accounting
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given information is as below
Sean is 49 and his divorce became final on October 21, 2018. He
pays all the cost of keeping up his home in the United States. He
earned $38,000 in wages in 2018.
Sean's daughter, Sonya, lived with Sean all year. She is 18, single, and had $4,000 in wages in 2018.
Sonya’s son, Jimmy, was born on November 17, 2018. Jimmy lived in Sean's home all year.
Sean provides more than half of the support for both Sonya and Jimmy.
Sean, Sonya, and Jimmy are all U.S. citizens with valid Social Security numbers.
now ,
1.Sean is able to claim the credit for other dependents for
Sonya:
yes, as there is only one child on the list for whom the credit is
being sought.
2.Who can Sean claim as a qualifying child(ren) for the earned
income credit?
Sean can claim both of the child as he is providing more than half
of the support to Sonya. Jimmy being under 13 is already on the
child credit list.
3.the following statement is correct :
Marital status at the end of the year is to be considered for the
tax. The marital status on 31 Dec is to be considered.
Sean can file as head of the family as he had custody of the children.