Question: US rules Please show your work using good form. Susan (age 51) provides all the support of her two minor children who live with her,
US rules
Please show your work using good form. Susan (age 51) provides all the support of her two minor children who live with her, Shannon age 17 and Josh age 12. Her spouse passed away in 2020 . She also maintains the household in which her parents live and furnished 65% of their support. Besides interest on City of Miami bonds in the amount of $4,500, Susan's father received $2,300 from a part-time job and $6,000 in Social Security income. Susan's mothers only income is $7,000 in Social Security. Who can Susan claim on her tax return and what is her filing status for 2022 ? 2. Mare (age 67) is single, earns a salary of $106,000, contributes $6,000 to a traditionat IRA, and receives $15,000 from the sale of an RV that cost $55,000, purchased 5 years ago, and was used for family vacations. Mare also had interest income from a savings account of $200 and received
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
