- Clay and Marian are marriod and will fie a joint return. - Marian is...
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Accounting
- Clay and Marian are marriod and will fie a joint return. - Marian is a U.S, citizen with a valid Soclal Security mumber. Clay is a resident alien with an individual Taxpoyer Identification Number (ITIN). - Marian worked in 2022 and earned wages of 532,000 , Clay worked part-time and earned wages of $18,000 - The Washingtons have two children: Erin, age 12 and Jenny, age 18 - The Washingtons provided the total support for their two chidren, who lived with them in the U.S. all year. Eirin and Jenny are U.S. olizens and have valid Sociar Security numbers. 7. The Washingtons qualify lor the Credt for Other Dependents. frue False - Clay and Marian are married and will file a joint return. - Marian is a U.S. etizen with a valid Social Security number. Clay is a resident alien with an Individual Taxpayet foentification Number (iriv). - Marian worked in 2022 and eamed wages of $32,000. Ciry worked part-time and eamed wages of 318,000 - The Washingtons have two children, Erin, age 12 and Jenny, age 18 - The Washingtons provided the total support for their two children, who fved weh them in the U.S. at year, Erin and Jenny are U.S. oittens and have valid Social Securily numbers. 8. The Washinglonis evalify for the Eamed income Tax Credt because Marian has a vald 58N and Cloy has an Ifin. frue False - Isabela is single and turned 72 years old on October 1,2022. - Isabela worked as a lorarian at the local lbrary and eamed wages of $7,500, Isabela also recelved Soclal Security benefits of $16,000. She recelved a taxable pension of $13,000. - She retred from her prevous job on October 30, 2019. During her careor she contrbuted pretax dollars to a qualfed 401(k) ratirement plan through her employer. - Isabela is a U.S. cilzee with a valid Sociai Security number. 9. Isabela qualifies to claim the Eamed Income Tax Credit. True False Interview Notes - Isabela is single and tumed 72 years old on October 1,2022. - Isabela worked as a lbrarian at the local library and eamed wages of $1,500. lsabela also received Social 50curity benefits of $16.000. She received a tavable pension of 513.000. - She retred from het previous job on October 30,2019 . During her career ahe contrbuled pretax doliars to a qualfed 404(k) fothement plan through her employer. - Isabela cannot be claimed as a dependent by another taxpayor. - Isabela is a U.S. offeren with a valid Sodal Security number. 10. tsabela must thke her fist required minimum distrbution by Apn 1, 2023. frue False - Leon Martin is single and has never been married. - Leos eamed wages of $23,000 during the frut half of the yoac. Leon lost his job in dWy and received a total of $9,000 in unemployment compensation. - Leon is a berber and look a class at the communty barber college to iniprove his barbering shils. He poid the coot of bution and a course-related book. His qualified education oxpenses were 52,500. - Loon aso paid thudect loan interest lor the courses he previoutly took to eath his Bochelor's degree. For 2022 , he paid student loan inlevast of 5550 - Leon is a U 8 , ditien with a valid Social security number. 11. Leon mual holuse his unemployenent compensation on hs 2022 tax rehum - Leon Martin is single and has never been married. - Leon earned wajes of $23,000 during the frat half of the yea. Loon lost his job in 21y and received a fotar of 39.000 in uriemployment conpensision. - Leon does not heve ary sependents. - Leon is a US, okren with a vald bocaa Security number. 12. Leon is eligted for the following credt A. Earned Income Credit B. Lifetime Leaming Credit C. American Opportunity Credit D. None of the above - Leon Marten is sigle and has never boen mamied. - Leon eamed wages of $23,000 during the fint half of the year. Leon lost his job in Jly and received a lotal of 59,000 in unemployment compensalion. - Leon is a barber and took a dass at the community bater colege to improve his barbering skils. He paid the cost of tuition and a course-related book. His qualifed educafion erpenses were 32 soo. - Leon abo pais student loan interost tor the courses he previously took to earn his Bachelor's degree. For 2022 , he pald student loan interest of 5550 - Leon is a US. citiren with a vald Social Security number. 13. Loon can claim the thident loan intereut deduction at an adjusthent to inoome on hia tar retum. frue False







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