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Anna35 [415]
3 years ago
5

Ronald is 92 years old and in poor health. Clever investing earlier in his life has left him with a sizeable income. He is able

to support his son Ed. Ed is 67 years old and a bit "confused," so he lives in a nursing home. Ed’s income is less than $2,000. How many exemptions should Ronald claim on his tax return?
Business
1 answer:
Sergio039 [100]3 years ago
8 0

Answer:

Two(2) exemptions

Explanation:

The first exemption would be based on the fact that Ronald has health challenges while the second exemption would be on the basis of Ed's (his son) state of mental capability.

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