Determine the number of personal and dependency exemptions in each of the following

Question 33. LO.3, 4 Determine the number of personal and dependency exemptions in each of the following independent situations.a. Leo and Amanda (ages 48 and 46, respectively) are husband and wife and furnish more than 50% of the support of their two children, Elton (age 18) and Trista (age 24). During the year, Elton earns […]

tax problem- Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501.

Question 53. Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm.During 2012, the Deans recorded the following receipts.Salaries ($60,000 for Lance, $41,000 […]

tax problem- Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501.

Question 53. Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm.During 2012, the Deans recorded the following receipts.Salaries ($60,000 for Lance, $41,000 […]

Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2010. He lives at 4680 Dogwood Lane, Spr

Question 54. Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2010. He lives at 4680Dogwood Lane, Springfield, Missouri 65801. He is employed as a paralegal by a local law firm. During 2012, he reported the following receipts.Salary $ 80,000Interest incomeMoney market account at Omni Bank $ 300Savings account at Bosne […]