TAX4001 - EXAM 3 (FINAL) QUESTIONS
WITH VERIFIED ANSWERS. A+ GRADE
2025/2026.
True or false? An individual who is married on December 31st can elect to file a joint return. -
ANS True.
Two individuals got married on January 1st and divorced on December 30th. What is their filing
status? - ANS Single.
A married couple has 1 dependent child. The husband passed away this year. What is the filing
status for the wife for this year? What about the year afterwards? - ANS Married filing jointly
for this year and next year.
=====Explanation=======
Surviving spouse for the first two taxable years.
This year = married filing jointly.
year after = married filing jointly.
An individual who is unmarried on the last day of the year has a filing status of _____________.
- ANS Single.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Mrs. and Mrs. White provide a home not only for their 15-year old son Jake, but also for their
17-year old niece Karen, who has lived with her aunt and uncle for 4-years. This year, both Jake
and Karen had jobs, and their earnings represented less than 50% of their financial support for
the year. Are Jake and Karen considered dependents? - ANS Yes.
=====Explanation=======
The qualifications for a dependent are:
1) Dependent can't provide more than 1/2 of their own financial support for the year.
2) Must live in same place as the taxpayer for more than 1/2 of the year.
3) Dependent must be less than 19-years old, or if they're a student, they have to be less than
24-years old.
4) The dependent can't file a joint tax return with a spouse (unless it was filed only to refund a
claim).
Lastly, it's important to note that dependents can be the taxpayer's children, descendants,
sisters/brothers, and their sisters/brothers descendants (nieces and nephews). So dependents
aren't limited to just the taxpayer's children -- it's actually a big category.
Mr. Wiggen provides a home for his 23-year old son Richard, and Richard's 19-year old wife
Colleen. Richard is a full-time student at a local university. Colleen earns the minimum wage at
her job, so Mr. Wiggen provides about 80% of the couple's financial support. Richard and
Colleen filed a joint income tax return this year only to receive a refund. Are Richard and
Colleen considered dependents? - ANS Richard is a dependent. Colleen is not.
=====Explanation=======
Richard meets the definition of qualifying child even though he is married. He is a student less
than 24-years old, and does not contribute more than 1/2 of his own financial support for the
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
WITH VERIFIED ANSWERS. A+ GRADE
2025/2026.
True or false? An individual who is married on December 31st can elect to file a joint return. -
ANS True.
Two individuals got married on January 1st and divorced on December 30th. What is their filing
status? - ANS Single.
A married couple has 1 dependent child. The husband passed away this year. What is the filing
status for the wife for this year? What about the year afterwards? - ANS Married filing jointly
for this year and next year.
=====Explanation=======
Surviving spouse for the first two taxable years.
This year = married filing jointly.
year after = married filing jointly.
An individual who is unmarried on the last day of the year has a filing status of _____________.
- ANS Single.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Mrs. and Mrs. White provide a home not only for their 15-year old son Jake, but also for their
17-year old niece Karen, who has lived with her aunt and uncle for 4-years. This year, both Jake
and Karen had jobs, and their earnings represented less than 50% of their financial support for
the year. Are Jake and Karen considered dependents? - ANS Yes.
=====Explanation=======
The qualifications for a dependent are:
1) Dependent can't provide more than 1/2 of their own financial support for the year.
2) Must live in same place as the taxpayer for more than 1/2 of the year.
3) Dependent must be less than 19-years old, or if they're a student, they have to be less than
24-years old.
4) The dependent can't file a joint tax return with a spouse (unless it was filed only to refund a
claim).
Lastly, it's important to note that dependents can be the taxpayer's children, descendants,
sisters/brothers, and their sisters/brothers descendants (nieces and nephews). So dependents
aren't limited to just the taxpayer's children -- it's actually a big category.
Mr. Wiggen provides a home for his 23-year old son Richard, and Richard's 19-year old wife
Colleen. Richard is a full-time student at a local university. Colleen earns the minimum wage at
her job, so Mr. Wiggen provides about 80% of the couple's financial support. Richard and
Colleen filed a joint income tax return this year only to receive a refund. Are Richard and
Colleen considered dependents? - ANS Richard is a dependent. Colleen is not.
=====Explanation=======
Richard meets the definition of qualifying child even though he is married. He is a student less
than 24-years old, and does not contribute more than 1/2 of his own financial support for the
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
