Individual Taxation Paper 14

1

Which of the following is not a miscellaneous itemized deduction?






2

Magda Micale, a public school teacher with adjusted gross income of $10,000, paid the following items in 2012 for which she received no reimbursement:
Initiation fee for membership in teachers’ union $100
Dues to teachers’ union 180
Voluntary unemployment benefit fund contributions to union-established fund 72
How much can Magda claim in 2012 as allowable miscellaneous deductions on Schedule A of Form 1040?






3

Which one of the following is not included in determining the total support of a dependent?






4

In 2012, Smith, a divorced person, provided over one-half the support for his widowed mother, Ruth, and his son, Clay, both of whom are US citizens. During 2012, Ruth did not live with Smith. She received $9,000 in social security benefits. Clay, a full-time graduate student, and his wife lived with Smith. Clay had no income but filed a joint return for 2012, owing an additional $500 in taxes on his wife’s income. How many exemptions was Smith entitled to claim on his 2012 tax return?






5

Jim and Kay Ross contributed to the support of their two children, Dale and Kim, and Jim’s widowed parent, Grant. For 2012, Dale, a twenty-year-old full-time college student, earned $4,500 from a part-time job. Kim, a twenty-three-year-old bank teller, earned $18,000. Grant received $5,000 in dividend income and $4,000 in nontaxable social security benefits. Grant, Dale, and Kim are US citizens and were over one-half supported by Jim and Kay. How many exemptions can Jim and Kay claim on their 2012 joint income tax return?






6

Joe and Barb are married, but Barb refuses to sign a 2012 joint return. On Joe’s separate 2012 return, an exemption may be claimed for Barb if






7

Al and Mary Lew are married and filed a joint 2012 income tax return in which they validly claimed the $3,800 personal exemption for their dependent seventeen-year-old daughter, Doris. Since Doris earned $5,400 in 2012 from a part-time job at the college she attended full-time, Doris was also required to file a 2012 income tax return. What amount was Doris entitled to claim as a personal exemption in her 2012 individual income tax return?






8

During 2012 Robert Moore, who is fifty years old and unmarried, maintained his home in which he and his widower father, age seventy-five, resided. His father had $4,700 interest income from a savings account and also received $2,400 from social security during 2012. Robert provided 60% of his father’s total support for 2012. What is Robert’s filing status for 2012, and how many exemptions should he claim on his tax return?






9

John and Mary Arnold are a childless married couple who lived apart (alone in homes maintained by each) the entire year 2012. On December 31, 2012, they were legally separated under a decree of separate maintenance. Which of the following is the only filing status choice available to them when filing for 2012?






10

Albert and Lois Stoner, age sixty-six and sixty-four, respectively, filed a joint tax return for 2012. They provided all of the support for their blind nineteen-year-old son, who has no gross income. Their twenty-three-year-old daughter, a full-time student until her graduation on June 14, 2012, earned $4,900, which was 40% of her total support during 2012. Her parents provided the remaining support. The Stoners also provided the total support of Lois’ father, who is a citizen and lifelong resident of Peru. How many exemptions can the Stoners claim on their 2012 income tax return?






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