Mel and Cindy Gibson's 12-year-old daughter Rachel was abducted on her way home from school on March
Question:
a) Are the Gibsons allowed to claim an exemption deduction for Rachel in 2015 even though she only lived in the Gibson's home for two-and-one-half months? Explain and cite your authority.
b) Assume the original facts except that Rachel is unrelated to the Gibsons but she has been living with them since January 2010. The Gibsons have claimed a dependency exemption for Rachel for the years 2010 through 2014. Are the Gibsons allowed to claim a dependency exemption for Rachel in 2015? Explain and cite your authority.
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Related Book For
Taxation Of Individuals And Business Entities 2016
ISBN: 9781259334870
7th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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