1. Where is oil stored for the long term?
Provide the dollar volume and number of barrels that the major oil producing countries generate?
2. Gail is a 22 year old single college student who made $8000 working in the summer as a lab assistant. Gail's mother provides over half of her support. She is entitled to claim Gail as a dependent on her tax returns but has decided to let Gail claim herself. Gail can claim her personal exemption on her own return.
True or False
3. Albert's 19-year old son, Paul lived with him all year. Paul is a full time student who earned $4,500, which he put into a college fund. Albert can claim Paul as an dependent.
True or False