Jenny age 14 lives in a household with her father uncle and, Ask an Expert

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Jenny, age 14, lives in a household with her father, uncle, and grandmother.

The household is maintained by the uncle. The parties, all of whom file their own Federal income tax returns, report AGI as follows: father ($30,000), uncle ($50,000), and grandmother ($40,000).

a. Who is eligible to claim Jenny as a dependent on a Federal income tax return?

b. Which of Jenny's relatives takes precedence in claiming the exemption? Explain.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91697523

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