CH 3

Question 1

What are the 3 filing requirements for nondependents?

Answer 1

marital status age gross income ( GI)

Question 2

Is taxpayer consider married half a year?

Answer 2

no, only for a full year

Question 3

What are requirements of common law marriage?

Answer 3

parties must have the legal capacity to marry single parties must have the current intent to marry couple must live together. parties must publicly present themselves to others as a married couple.

Question 4

What is GI?

Answer 4

who own the income what income should be reported on a tax return

Question 5

What is there filing requirements for individuals who are seniors without GI?

Answer 5

yes, see page

Question 6

When do you increase standard deductions (SD)?

Answer 6

when Taxpayers are age 65 or over and/or blind are entitled to the following increased SD:

1500 for singles and head of household (HOH)

1200 for married taxpayers and qualifing widowers.

Question 7

Can a taxpayer ,who is dependant on another taxpayer’s exemption, take personal exemption?

Answer 7

No.

Question 8

When does a dependent taxpayer file for their taxes?

Answer 8

SD is equal to the greater of 1000 and their earned income(EI) plus 350.

Question 9

Are there other requirements if taxpayers do not meet with requirements?

Answer 9

yes

owes uncollected social security or medicare tax usually on tips

has a net profit from self eployment of 400 or more.

Question 10

When a spouse is seperated, can taxpayer still claim spouse execemption?

Answer 10

yes,

taxpayer’s spouse must

not have an EI

is not filing a return

is not a dependent of another.