Aman (46) and Katy (46) are married and want to file together. Their sons, Jason (18) and Julie (14), who are both high school students and single, lived with them all year. They are all U.S. citizens and have valid social security numbers. Aman’s wages were $53,560, Katy’s wages were $39,900, and they had no foreign or other income. Jason’s gross income was $7,200; Julie’s was $350. Jason's spent $5,000 towards his own support and saved the other $2,200. His total support paid by himself and his parents was $13,850. Julie saved all of her income. Question 1 What is Jason's dependency status for Aman and Katy? Qualifying Child Dependent. Qualifying Relative Dependent. He is not a dependent of Aman and katy.
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Aman (46) and Katy (46) are married and want to file together. Their sons, Jason (18) and Julie (14), who are both high school students and single, lived with them all year. They are all U.S. citizens and have valid social security numbers. Aman’s wages were $53,560, Katy’s wages were $39,900, and they had no foreign or other income. Jason’s gross income was $7,200; Julie’s was $350. Jason's spent $5,000 towards his own support and saved the other $2,200. His total support paid by himself and his parents was $13,850. Julie saved all of her income.
Question 1
What is Jason's dependency status for Aman and Katy?
- Qualifying Child Dependent.
- Qualifying Relative Dependent.
- He is not a dependent of Aman and katy.
Question 2
What is Julie's dependency status for Aman and Katy?
- Qualifying Child Dependent.
- Qualifying Relative Dependent.
- He is not a dependent of Aman and Katy
Question 3
Are Aman and Katy 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.
- Aman and Katy may only claim the Child Tax Credit.
- Aman and Katy may only claim the Other Dependent Credit.
- Aman and Katy may claim both the Child Tax Credit and the Other Dependent Credit.
- Aman and Katy are not eligible to claim the Child Tax Credit/Additional Child Tax Credit or the Other Dependent Credit.
Question 4
Are Aman and Katy eligible to claim and receive the Earned Income Credit?
| Yes | No |
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