Reg 1 Module 1

Question 1

What are requirements to enable a taxpayer to be classified as a Qualifying Widower

Answer 1

1. The taxpayer’s spouse died in one of the two previous years and the taxpayer did no remarry in the current tax year
2. The taxpayer has a child who can be claimed as a dependent
3. This child lived in the taxpayer’s home for all of the current tax year
4. The taxpayer paid over half of the cost of keeping up a home for the child &
5. the taxpayer could have filed a joint return in the year the spouse died.

Question 2

What is the Support Test under the Qualifying Child

Answer 2

The child must have not provided more that half of their own support

Question 3

What is the Support Test for the Qualifying Relative

Answer 3

The relative must have not provided more that half of their own support

Question 4

What is the Under Gross Income Limitation for a Qualifying Relative & what does Non Taxable income include:

Answer 4

Has to be < than 4,150 (2018)

Non Taxable Income:
- Social Security 
- Tax-Exempt Interest 
  Income ( state and 
  municipal interest income) 
- Tax-Exempt Scholarships

Question 5

What is the Precludes Dependent Filing A Joint Return Include for a Qualifying Relative

Answer 5

Does not qualify if the relative a dependent MFJ, unless no tax liability exists on both spouses.

Question 6

Qualifying Relative Vs. Qualifying Non-Relative: What is the support and Live in Rule

Answer 6

For qualifying relative only to maintain half of the support.

For qualifying non-relative, to maintain more than half of the support and has to live with the taxpayer the whole year. EI, cousins and foster parents.

Question 7

What is the age limit for Qualifying Child?

Answer 7

To be under the age of 19.

19-24 if child is in school full time.

Question 8

What kind of income does not count have supportive income under the qualifying child rules for college students.

Answer 8

Scholarship Money.