1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
3 years ago
6

William and Charlotte Collins divorced in November of year 1. William moved out and Charlotte remained in their house with their

10-month-old daughter Autumn. Diana, Charlotte's mother, lived in the home and acted as Autumn's nanny for all of year 1. William provided 70% of Autumn's support, Diana provided 20%, and Charlotte provided 10%. When the time came to file their tax returns for year 1, William, Charlotte, and Diana each wanted to claim Autumn as a dependent. Their respective AGIs for year 1 were $50,000, $35,000, and $52,000. Who has priority to claim Autumn as a dependent?
A. William.
B. Charlotte.
C. Diana.
D. They must negotiate amongst themselves.
Business
1 answer:
anzhelika [568]3 years ago
5 0

Answer: B. Charlotte

Explanation:

Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.

Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.

You might be interested in
Durai joined in organization for a fortnight and he had conversation with
Elenna [48]

Answer: n

Explanation:

n n

4 0
2 years ago
If tom were married and his spouse was not working for pay, what would his 2021 taxable income be?
Sergeeva-Olga [200]

If Tom were married and his spouse was not working for pay, his 2021 taxable income would be a maximum 15% rate (20% in the case of high income taxpayers. Read below about who an income tax payer.

<h3>Who is an income taxpayer?</h3>

A taxpayer is an individual or corporation who pay taxes annually on their earning as per the provisions of the Income Tax Act. Once you file income tax returns and disclose your earnings, it becomes legal.

Therefore, the correct answer is as given above

learn more about a taxpayer: brainly.com/question/14582132

#SPJ4

6 0
1 year ago
As a consumer it is important for you to study management because
bagirrra123 [75]

Answer:

we expect to experience both efficiency and effectiveness when interacting with organizations

6 0
3 years ago
The additional income from selling one more unit of a good, sometimes equal to price, is _____.
Alecsey [184]
Marginal Revenue.......
7 0
3 years ago
Read 2 more answers
Both the agent and seller just signed the listing agreement. What must the licensee give to the seller now?
maw [93]

Answer:

Working with real estate agent brochure and agreement form.

6 0
3 years ago
Other questions:
  • Of the 4,092 pedestrian fatalities nationwide in 2009, __________ were Floridians. A. 2% B. 11% C. 19% D. 22%
    9·1 answer
  • Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price
    15·1 answer
  • Explain why income property cash flow is not the same as taxable income. Property cash flow usually differs from property taxabl
    8·1 answer
  • Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alter
    13·1 answer
  • Rick likes to watch two television programs that air at the same time on different channels. He simultaneously watches both prog
    14·1 answer
  • Who should be involved in orientation of new employees? Why would it not be appropriate to provide employee orientation purely o
    9·1 answer
  • A car insurance policy has a $500 deductible for comprehensive coverage and a $1000
    8·2 answers
  • The short run is defined as A. a period of time of five years or less. B. the period of time in which all factors of production
    15·1 answer
  • In the Marigold, maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance costs are
    13·1 answer
  • The following cost behavior patterns describe anticipated manufacturing costs for 2019: raw material, $7.50/unit; direct labor,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!