Question: Form 2120, Multiple Support Declaration, is used for what purpose? If the To indicate which parent is taking a minor child's dependency exemption. To indicate

Form 2120, Multiple Support Declaration, is used for what purpose?

If the

  1. To indicate which parent is taking a minor child's dependency exemption.
  2. To indicate amount of support being provided by a college student for their own support.
  3. To indicate support provided by a person providing at least 10% for a qualifying relative,
  4. other than a child.
  5. To indicate which parent will be taking the American Opportunity Credit for a college
  6. aged child.

Please select correct answer with explanation.

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