Question: A) Single B) Married Filing Separately. Married Filing Jointly. D) Qualifying Widow(er). 12) Elisa is 21 years of age and a full-time student living with

 A) Single B) Married Filing Separately. Married Filing Jointly. D) Qualifying

A) Single B) Married Filing Separately. Married Filing Jointly. D) Qualifying Widow(er). 12) Elisa is 21 years of age and a full-time student living with her parents. She had wages of $680 ($75 of income tax withholding) for 2018. Can Elisa file a tax return even though her parents will claim her as a dependent on their tax return? A) Elisa's parent can report the income on their tax return. B) No, Elisa is a dependent of her parents. C) Yes, Elisa can file a tax return. D) No, Elisa cannot file a tax return. 13) The basic standard deduction in 2018 for a taxpayer, under 65 and not blind, filing married filing jointly is: A) $12,000. B) $18,000. $24,000. D) $25,300. 14) The basic standard deduction in 2018 for a taxpayer, 67 and not blind, filing head of household is: A) $24,000. B) $19,600. $12,000. $18,000. 15) For tax purposes, one of the requirements to recognize income is A The income can be tax-exempt. B) The transaction must occur but it's not necessary to complete it. C) There must be an economic benefit. D) All of these. 16)Income may be realized in the form of: A) Property. B) Cash Services. All of these

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