QUESTION 14 What is the maximum income a college student can earn and still be classified as a qualifying child? Assume all other criteria is met There is no income test O $1,050 $10.400 O $12,950 $4,700 QUESTION 15 Sina's mother lives with Gina and receives social security benefits. The mother pays $7,100 towards her own support. Gina pays $6,400 to pay for the mother's support claim her mother as a dependent? Yes No

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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MUS
QUESTION 14
What is the maximum income a college student can eam and still be classified as a qualifying child? Assume all other criteria is met
There is no income test
O$1,050
$10.400
$12,950
Ⓒ$4,700
QUESTION 15
Gina's mother lives with Gina and receives social security benefits. The mother pays $7,100 towards her own support. Gina pays $6,400 to pay for the mother's support. Ca
claim her mother as a dependent?
Yes
No
Transcribed Image Text:MUS QUESTION 14 What is the maximum income a college student can eam and still be classified as a qualifying child? Assume all other criteria is met There is no income test O$1,050 $10.400 $12,950 Ⓒ$4,700 QUESTION 15 Gina's mother lives with Gina and receives social security benefits. The mother pays $7,100 towards her own support. Gina pays $6,400 to pay for the mother's support. Ca claim her mother as a dependent? Yes No
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