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Posted: June 28th, 2022
Question description
3. If 15 year old Becky, who is a qualified dependent, has to file a federal income tax return because the $10,000 she earned as a barista exceeded the federal income limit for dependent children, can her father still claim Becky as his dependent on his federal income tax return? 4. What is the type of tax rate being applied if: 1) at a 40% tax rate, Jane paid $4,000 on $10,000 of income; 2) a 30% tax rate, Sam paid $6,000 on a $20,000 of income; and 3) at 20% tax rate, Bob paid $8,000 on $40,000 of income? 6. If April and Larry’s divorce was final on November 30, 2000, do they file a married filing jointly tax return for the 11 months of 2000 that they were married and then each file single tax returns after their divorce was final? 7. Can Lisa claim a dependency exemption on her 2000 federal income tax return for her triplets when one triplet was born on December 31, 2000 and the other two were born on January 1, 2001?8. If a same sex couple is married in a state that recognizes same sex marriages and live in a state that does not recognize same sex marriages, can the couple file a married filing jointly federal income tax return?10. If all individuals, regardless of income, were required to pay a tax of $10,000 per year, what type of tax rate is being applied to the individuals’ income?
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