Question: 1 Multiple Choice 0 . 5 points John, 4 5 years old and unmarried, contributed $ 1 , 0 0 0 monthly in 2 0

1
Multiple Choice 0.5 points
John, 45 years old and unmarried, contributed $1,000 monthly in 2024 to the support of his parents' household. The parents lived alone and their income for 2024 consisted of $500 from dividends and interest. What is John's filing status and how many dependents should he claim on his 2024 tax return?
Head of household and no dependents
Head of household and 2 dependents
Single and 2 dependents
Single and no dependents
1 Multiple Choice 0 . 5 points John, 4 5 years

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!