What is marge filing status in 2012

Assignment Help Taxation
Reference no: EM13500128

Indicate for each of the following the most favorable filing status for the 2011 tax year.

a. Kenny died on March 2, 2011. Marge, his wife, and Bart, their son, survive. Marge filed a joint return in 2011. Bart, age 18 in 2012, is a part-time college student and continues to live at home with his mother. He works part-time, earning $5,900. What is Marge's filing status in 2012?

b. Alan Spaulding is single and provides over 50% support of his niece Alicia who lives with him all year long. Alan maintains the household and claims Alicia as a dependent. Alicia makes $3,600 at a part-time job. She is a full-time student, age 18. What is Alan's filing status?

c. Lily, who was divorced on July 27, 2011, provides 100% of the support for her parents who live in a nursing home in Kansas and have no income. What is Lily's filing status?

d. Holly was abandoned by her husband Fletcher in September of the current year. She has not seen or communicated with him since then. What is Holly's filing status?

e. Rick, whose wife died in December 2011, filed a joint tax return for 2011. He did not remarry, but has continued to maintain his home in which his two dependent children live. What is Rick's filing status for 2012?

 

Reference no: EM13500128

Questions Cloud

Not for profit healthcare organization : During the fiscal year of June 2012, Lincoln General Hospital, a not-for-profit healthcare organization, had the following revenue-related transactions.
Determine the angle of the first-order diffraction : X rays diffract from a crystal in which the spacing between atomic planes is 0.179nm. What is the angle of the first-order diffraction
Raise or bonus depended on a single financial measure : Raise or bonus depended on a single financial measure
Compute how much energy is delivered to the toaster : The resistance of a bagel toaster is 14 ?. To prepare a bagel, the toaster is operated for one minute from a 120-V outlet. How much energy is delivered to the toaster
What is marge filing status in 2012 : Rick, whose wife died in December 2011, filed a joint tax return for 2011. He did not remarry, but has continued to maintain his home in which his two dependent children live. What is Rick's filing status for 2012?
Similarities and differences between gaap and ifrs : Compare and contrast the key similarities and differences between GAAP and IFRS with respect to income tax accounting. Analyze two (2) tax differences and determine which difference would provide the greatest tax benefit to a corporation. Writ..
What is the current in the heating element : The heating element of a clothes dryer has a resistance of 11 ? and is connected across a 240-V electrical outlet. What is the current in the heating element
Find the final volume of the bubble : An air bubble is expelled by an underwater diver at a depth of 17.2 m. Find the final volume of the bubble if its initial volume is 10.4 cm3
At what distance is the object from the mirror : An object is placed in front of a concave mirror with a 24.1-cm radius of curvature. A real image twice the size of the object is formed. At what distance is the object from the mirror

Reviews

Write a Review

Taxation Questions & Answers

  What is the firm after-tax income

ABC company had a taxable income of $508,214 from operations after all operating costs but before interest charges of $50,673, dividends received of $49,352, dividends paid of $10,000, and income taxes. What is the firm's after-tax income?

  Part 1an individual partner is taxed on his or her share of

part 1an individual partner is taxed on his or her share of partnership income regardless of whether those amounts are

  Advise gordon and pamela about capital gains

Advise Gordon and Pamela about capital gains and income tax consequences and any effect that their son's tax treatment of the payment will have on them. You should discuss possible discounts and exemptions that may be available to them.

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Compute the amount of bears capital loss carryover to 2012

Emerald Corporation, a calendar year C corporation, was formed and began operations on July 1, 2011. The following expenses were incurred during the first tax year (July 1 through December 31, 2011) of operations.

  Compute the inventory turnover

Financial information for Roberts Company at December 31, 2011, and for the year then ended, are presented below.

  Qliquidation of subsidiary - tax consequences to subsidiary

qliquidation of subsidiary - tax consequences to subsidiary and parentat the time of its liquidation under 332 cardinal

  Disregarding any provision for federal income taxes

Disregarding any provision for Federal income taxes, Platinum Corporation's current E & P is.

  Advise abc of its fbt consequences

Advise ABC of its FBT consequences arising out of the above information, including calculation of any FBT liability, for the year ending in 31 March 2011.

  Find the effects be of the overall transactions

Find the effects be of the overall transactions on reported income for 2009? Why would Steinbach take these actions - Is this ethical? Why or why not?

  1 according to estimates by goolsbee and petrin 2004 the

1. according to estimates by goolsbee and petrin 2004 the elasticity of demand for basic cable service is ?0.51 and

  How does the taxation change

Demonstrate graphically the cost of income taxation of 30% to consumers and producers for an income of $27,908? How does the taxation change if the income was $220,874?

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