ACCT 331-CHAPTER 4 EXAM QUESTIONS AND ANSWERS
In each of the following independent situations, determine the taxpayer's filing status and the number
of personal and dependency exemptions the taxpayer is allowed to claim.
a. Frank is single and supports his 17-year-old brother, Bill. Bill earned $3,000 and did not live with
Frank. - CORRECT ANSWER✅✅Single with two exemptions
b. Geneva and her spouse reside with their son, Steve, who is a 20-year-old undergraduate student at
State University. Steve earned $13,100 at a part-time summer job, but he deposited this money in a
savings account for graduate school. Geneva paid all of the $12,000 cost of supporting Steve. - CORRECT
ANSWER✅✅Married filing jointly with three exemptions
Hamish's spouse died last year, and Hamish has not remarried. Hamish supports his father Reggie, age
78, who lives in a nursing home and had interest income this year of $2,500. - CORRECT
ANSWER✅✅Head of household with two exemptions
d. Irene is married but has not seen her spouse since February. She supports her spouse's 18-year-old
child, Dolores, who lives with Irene. Dolores earned $4,500 this year. - CORRECT ANSWER✅✅Head of
household with two exemptions.
e. Assume the same facts as in part d. Assume that Craig is Irene's husband. Craig supports his 12-year-
old son Ethan, who lives with Craig. Ethan did not earn any income. - CORRECT ANSWER✅✅Head of
household with two exemptions
The Samsons are trying to determine whether they can claim their 22-year-old adopted son, Jason, as a
dependent. Jason is currently a full-time student at an out-of-state university. Jason lived in his parents'
home for three months of the year and he was away at school for the rest of the year. He received
$9,500 in scholarships this year for his outstanding academic performance and earned $4,800 of income
working a part-time job during the year. The Samsons paid a total of $5,000 to support Jason while he
was away at college. Jason used the scholarship, the earnings from the part-time job, and the money
from the Samsons as his only sources of support.
a. Can the Samsons claim Jason as their dependent? - CORRECT ANSWER✅✅Yes.
Relationship: adopted son qualifies.
Age:under age 24 and full-time student.
Residence:temporary absences away at school count as time in the parents' home.
In each of the following independent situations, determine the taxpayer's filing status and the number
of personal and dependency exemptions the taxpayer is allowed to claim.
a. Frank is single and supports his 17-year-old brother, Bill. Bill earned $3,000 and did not live with
Frank. - CORRECT ANSWER✅✅Single with two exemptions
b. Geneva and her spouse reside with their son, Steve, who is a 20-year-old undergraduate student at
State University. Steve earned $13,100 at a part-time summer job, but he deposited this money in a
savings account for graduate school. Geneva paid all of the $12,000 cost of supporting Steve. - CORRECT
ANSWER✅✅Married filing jointly with three exemptions
Hamish's spouse died last year, and Hamish has not remarried. Hamish supports his father Reggie, age
78, who lives in a nursing home and had interest income this year of $2,500. - CORRECT
ANSWER✅✅Head of household with two exemptions
d. Irene is married but has not seen her spouse since February. She supports her spouse's 18-year-old
child, Dolores, who lives with Irene. Dolores earned $4,500 this year. - CORRECT ANSWER✅✅Head of
household with two exemptions.
e. Assume the same facts as in part d. Assume that Craig is Irene's husband. Craig supports his 12-year-
old son Ethan, who lives with Craig. Ethan did not earn any income. - CORRECT ANSWER✅✅Head of
household with two exemptions
The Samsons are trying to determine whether they can claim their 22-year-old adopted son, Jason, as a
dependent. Jason is currently a full-time student at an out-of-state university. Jason lived in his parents'
home for three months of the year and he was away at school for the rest of the year. He received
$9,500 in scholarships this year for his outstanding academic performance and earned $4,800 of income
working a part-time job during the year. The Samsons paid a total of $5,000 to support Jason while he
was away at college. Jason used the scholarship, the earnings from the part-time job, and the money
from the Samsons as his only sources of support.
a. Can the Samsons claim Jason as their dependent? - CORRECT ANSWER✅✅Yes.
Relationship: adopted son qualifies.
Age:under age 24 and full-time student.
Residence:temporary absences away at school count as time in the parents' home.
