On January 1, 2018, Casi ’s wife, Ely, died while giving birth to a child, but the child survived. Casi took care of the child bringing him wherever he was assigned. If Casi is a resident citizen, how much personal and additional exemptions could Casi avail of when he files his Income tax return for 2018 income? *   a.P25,000 b.P50,000 c.none d.P75,000

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Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.