1.In 2019, Nonie a married Filipino resident was the sole support of his uncle, cousin, nephew, niece,...
Question:
1.In 2019, Nonie a married Filipino resident was the sole support of his uncle, cousin, nephew, niece, and aunt all of whom are living with him, minors, single, not gainfully employed. Also dependent upon him for full support was his three-year-old son who is living with Nonie's estranged wife, Eileen. Also living with and chiefly dependent for support upon Nonie were his 90- year old grandmother and grandfather. How many dependents, could Nonie claim as his additional exemptions?
None
One
Two
Three
2.The following are passive income, except:
Royalties, Prices, and Winnings more than P10,000.-
Interest from Philippine currency bank.
Stock dividends from domestic corporations.
Shares of individual partners in the net profits of taxable partnerships.-
Expert Answer:
