Help me answer this question Search in Document Home Layout

Help me answer this question

Search in Document Home Layout Document Elements Tables Charts Font Paragraph Styles Insert Styles Text Box 2. Assume the original facts but now suppose Camille\'s daughter, Kaly, is 25 years old and a full- time student. Kalv\'s gross income for the year was $5,200. Kalx provided $3,120 of her own support, and Camille provided $5,200 of support. Does Kalk qualify as Camille\'s dependent? Explain your answer ii.What is Camille\'s filing status? What is Camille\'s allowable deduction from AGI? v. What is Camille\'s Income tax liability before applying any applicable tax credits? 98%- . Sec 1 | Print Layout View F17 F1

Solution

1. No, Kaly doesn\'t qualify as Camille\'s dependent because she is 25 years old and doesn\'t pass the dependency test mandated by IRS, she should be younger than 24 years and a full time student.

2. Camille\'s filing status would be as individual.

3. Camille\'s allowable deduction is 0 as per the information provided, but she can claim other deductions if she can qualify for.

4. Income tax liability would be 0 as Camille\'s income is below the threshold limit.