In 2014, George helped to support his mother Maria, his son Joe, and his niece Wanda. Maria lived with George and received $12,000 in Social Security benefits that she used to pay for food, clothing, medical expenses, and other living expenses. George provided Maria’s room, which has a rental value of $5,000, and paid an additional $4,000 toward her support. Joe, age 12, lived with his mother, Laura. George paid $12,000 in child support, and Laura provided an additional $4,000 of support. Wanda, age 20, is a part-time college student who lived in an apartment. She earned $6,000 working part-time and received a scholarship of $2,000. Wanda’s father provided $4,000 toward her support, and George provided $7,000. How many dependency exemptions can George claim on his 2014 federal income tax return given these additional facts? 

Answer rating: 100% (QA)

Based on the provided information for 2014 George can claim three dependency exemptions on his feder... View the full answer