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What is Mrs Jack filing status

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Reference no: EM132568399

Question 1 - Mrs. Jack's husband died in 2017. She has not remarried. She maintained a household for her 20 year old daughter, Liz, who was a full time student in 2017 and she provided more than half of her support.

In 2018, her daughter continued college on a full time basis.

In 2019, her daughter left school and moved out.

1. What is Mrs. Jack's filing status for 2017?

2. What is Mrs. Jack's filing status for 2018?

3. What is Mrs. Jack's filing status for 2019?

Questions 2 - Paul and Tina are age 66 and 62 respectfully. They file a joint return. They have itemized deductions totaling $15,000. They support their 24 year old son, Jed who goes to school on a full time basis. He earns $4,000 per year as a waiter at a restaurant.

Paul and Tina also support a friend Janice who came to dinner one evening and never left. She does not earn any money.

Wages $170,000

Interest from savings 12,000

Interest on NYS qualified bonds 7,000

Inheritance from Tina's Aunt Lucy 6,000

Alimony paid to Tina's ex husband 8,000

Child support from Tina's ex husband Eric 10,000

Prize from contest at church 1,000

Dividend from ABC Corp. stock 2,000

1. What is Paul and Tina's gross income?

2. What is Paul and Tina's adjusted gross income?

3. What is Paul and Tina's standard deduction?

4. What is Paul and Tina's tax liability?

Reference no: EM132568399

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