H&R Block Final Review Questions And Answers With Verified Solutions

H&R Block Final Review Questions And Answers With Verified Solutions Tony (28) and Adam (27) are cousins and lived in the same home throughout 2017. Adam only earned $2,500 in 2017. Tony earned $25,000 in 2017. What test does he meet? Adam meets the relationship and member of household test for Tony, since Adam lived with Tony the entire year. Tony may be able to claim Adam as a qualifying relative dependent. Note: Being cousins alone will not meet the relationship test for qualifying relative, because a cousin is not listed as a specific relative relationship. However, a cousin, like other non-relatives, may meet the relationship test for qualifying relative if the individual lived in the taxpayer's home for the entire year Recall Tony-28 $25000 and Adam-27 $2500; cousins from an earlier example, Tony provided more than half of Adam's support. Adam is not permanently and totally disabled. Can Tony claim Adam? Tony may claim Adam as a dependent because he meets all four tests for qualifying relative. 1. Adam is too old to be someone else's qualifying child 2. Relationship or all year 3. gross income is less than $4,05 4. support c3 John lives with Robert, his father. John provides 30% of Robert's support Can he claim Robert?. John may not claim Robert as a dependent, because John failed the qualifying relative support test. c3 Yolanda lives with her daughter, Elizabeth. Elizabeth is the qualifying child of Yolanda. Neither Yolanda nor anyone else can claim Elizabeth as their qualifying relative. Can she claim daughter? since Elizabeth meets the definition of a qualifying child > Relationship, age, residency, support, joint return