A.What is Nancy's dependency status for Zuu?    Qualifying Child Dependent.  Qualifying Relative Dependent.  She is not dependent of Mariella. B.Is Zuu eligible to claim the Child Tax Credit (CTC) and Additional Child Tax Credit (if the CTC is limited), or the Other Dependent Credit for any potential dependent? Choose the best response.   Zuu is eligible to claim the Child Tax Credit and/or Additional Child Tax Credit.  Zuu is eligible to claim the Other Dependent Credit.  Zuu is not eligible to claim the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit.      C. Is Zuu eligible to claim and receive the Earned Income Credit?        Yes         No

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter3: Tax Formula And Tax Determination : An Overview Of Property Transactions
Section: Chapter Questions
Problem 2CPA: Jane is 20 years old and is a sophomore at Lake University. She is a full-time student and does not...
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Zuu (26) is unmarried. Her unmarried sister, Nancy (21), lived with her all year. No one else lived in the home during the year. They are both U.S. citizens and have valid social security numbers. Nancy is not a student. Zuu paid all of her own support and the household expenses. She paid 83% of Nancy's support. Nancy paid 17% of her support. Nancy is not permanently and totally disabled. Zuu’s earned income and AGI was $26,930. She did not have any foreign income or investment income. Zuu’s gross income was $3,605. Zuu will claim Nancy if she qualifies to do so.

A.What is Nancy's dependency status for Zuu?

 
  1.  Qualifying Child Dependent.
  2.  Qualifying Relative Dependent.
  3.  She is not dependent of Mariella.

B.Is Zuu eligible to claim the Child Tax Credit (CTC) and Additional Child Tax Credit (if the CTC is limited), or the Other Dependent Credit for any potential dependent? Choose the best response.

 
  1. Zuu is eligible to claim the Child Tax Credit and/or Additional Child Tax Credit.
  2.  Zuu is eligible to claim the Other Dependent Credit.
  3.  Zuu is not eligible to claim the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit.

     C. Is Zuu eligible to claim and receive the Earned Income Credit?

  1.        Yes 
  2.        No
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