Purchase Solution

Filing Statuses for Income Tax Return

Not what you're looking for?

Ask Custom Question

In each of the following independent situations, determine Winston's filing status for 2012 and why. Winston is NOT married. These 5 situations either fall into the categories of Single Taxpayers, Married Individuals, Marriage Penalty, Surviving Spouse, Head of Household, or Abandoned Spouse.

a). Winston lives alone, but he maintains a household in which his parents live. The mother qualifies as Winston's dependent, but the father does not.
b). Winston lives alone, but he maintains a household in which his married daughter, Karin, lives. Both Karin and her husband (Winston's son-in-law) qualify as Winston's dependent.
c). Winston maintains a household in which he and a family friend, Ward, live. Ward qualifies as Winston's dependent.
d). Winston maintains a household in which he and his mother-in-law live. Winston's wife died in 2011.
e). Same as (d), except that Winston's wife disappeared (i.e., she did not die) in 2010.

Purchase this Solution
Solution Summary

This solution explains the filing status in each of the independent situations for 2012, for Winston.

Solution Preview

a) Winston is considered head of household with the qualifying person being his mother. As long as one parent is a qualifying person, he can use head of household.

b) Winston would again qualify as head of household because his daughter qualifies as his dependent ...

Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Operations Management

This quiz tests a student's knowledge about Operations Management

View More Free Quizzes
Related BrainMass Solutions

  • Income Tax Filing Statuses

    259463 Tax Question: What are all the possible filing statuses? 2. What are all the possible filing statuses? What characteristics distinguish each of the filing statuses? There are four possible filing statuses.

  • Tax return filing requirements; issues of failure to file

    A table is attached which clearly defines the filing limits for each of the various filing statuses. The solution explains 4 consequences of failing to file a return followed by 6 possible reasons to file even though not required to file.

  • Numerous Taxation Questions

    Which of the following shows the correct relationship among standard deduction amounts for the respective filing statuses?

  • In connection with facilitating the function of the IRS in t

    s income. d. Availability of interest and penalties for taxpayer noncompliance. e. Armâ??s length standard. Tom, a calendar year taxpayer, filed his 2003 Federal income tax return on April 1, 2004.

  • Constraints on filing joint tax returns with foreign income

    Third, filing a joint return in the US with worldwide income opens the return up for a full audit including foreign income sources.

  • Tax and GAAP Differences

    What are some of the major differences between GAAP and income tax accounting? 2. What are all the possible filing statuses? What characteristics distinguish each of the filing statuses? 3.

  • Do I file taxes, if I don't owe money?

    A: The key word here is INDIVIDUAL......Yes; an individual must file a tax return if they owe no tax for the reasons stated below: You must file a federal income tax return if you are a citizen or resident of the United States or a resident of Puerto

  • Filing a tax return with a loss: pay as you go

    264668 Filing a tax return with a loss: pay as you go When you are filing your business return at a loss for three years, would you still be paying as you go? The normal definition of a 'business return' means a corporate return.

  • Purpose of Form 941

    Why the IRS is stringent on the timely filing of Form 941? Please explain . Employers who withhold income tax, social security tax, or Medicare tax on wages must file Form 941 quarterly.

View More Related Solutions