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kkurt [141]
1 year ago
13

n 2021, nora (28) lived with her daughter, avery (4), her brother, jack (19), and her fiancée, luke (30) for the entire year. no

ra's adjusted gross income is $32,850, jack's gross income is $5,000, luke's gross income is $4,500, and avery has no income. none of the individuals in the household were students during the year. neither jack, nor luke, nor avery provided over 50% of their own support. nora qualifies for and files as head of household in 2021. how many qualifying dependents can nora claim on her return?
Business
1 answer:
expeople1 [14]1 year ago
3 0

The Appropriate response is option (one).

  • As the relative cannot have a gross income of more than $4,300 in 2021 and be claimed by you as a dependent, only Avery qualifies as a dependent for Nora.

Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.

<h3><u>How do gross and net income differ?</u></h3>
  • Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account

To learn more about Gross income, Click the links.

brainly.com/question/26479727

brainly.com/question/547727

#SPJ4

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