Claiming Dependents for Taxation
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Danni, who is single, maintains a home in which she, her 15-year old brother, and her 21-year old niece live. Danni provides the majority of the support for her brother, her niece, and her cousin, age 18, who is enrolled full-time at the university and lives in an apartment. While the niece and cousin have no income, her brother has a part-time job and earns $4,000 per year. How many personal and dependency exemptions may Danni claim.
1
2
3
4.
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Solution Summary
This solution provides the correct answer with complete explanation to the dependency taxation question listed.
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Exemptions:
Danni (and we're assuming she's an adult)
The correct answer is 1.
-- According to IRS rules, she can't claim her cousin because her cousin doesn't live with her. A cousin must live with the supporting person to be claimed as his/her dependent. Her brother makes $4,000 and therefore doesn't meet the gross income test. To be claimed as a ...
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