Hamlet and Ophelia Prince have one daughter, Jane, who is 16 years old. They also have taken in Jane's friend, Portia, who has lived with them since February of thecurrent year and is also 16 years of age. The Princes have not legally adopted Portia but Jane often refers to Harriet as her "sister." The Princes provide all of the support forboth girls, and both girls live at the Princes residence. Which of the following statements is true regarding whom Hamlet and Ophelia may claim as dependents for thecurrent year?They may claim Jane as a dependent qualifying child and they may claim Portia as a dependent qualifying childNone of these statements is trueThey may claim Jane as a dependent qualifying child and they may claim Portia as a dependent qualifying relativeThey may claim Jane as a dependent qualifying child but may not claim Portia as a dependent

Hemlet and Ophelia have one daughter and one taken friend of their daughter Jane, to check whether…

Answered: both girls, and both girls live at the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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both girls, and both girls live at the Princes residence. Which of the following statements is true regarding whom Hamlet and Ophelia may claim as dependents for the current year?