QUESTION 29 In Year 1, the Bennetts' 25-year-old daughter, Jane, is a full-time student at...
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QUESTION 29 In Year 1, the Bennetts' 25-year-old daughter, Jane, is a full-time student at an out of state university but she plans to return home after the school year ends. In previous years, Jane has never worked and her parents have always been able to claim her as a dependent. In Year 1, a kind neighbor offers to pay for all of Jane's educational and living expenses. Which of the following statements is most accurate regarding whether Jane's parents would be allowed to claim Jane as a dependent for Year 1, assuming the neighbor pays for all of Jane's support? Yes, because she is a student, her absence is considered as "temporary." Consequently she meets the A. residence test and is considered a qualifying child of the Bennetts. Yes, because she is a full-time student and does not provide more than half of her own support, Jane is B. considered her parent's qualifying child. No, Jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative No, Jane is too old to be considered a qualifying child and her parents fail the support test of a qualifying relative because they did not provide more than half her support

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