Filing Status and Dependents Flashcards

A taxpayer provides more than half the support for their elderly parent who lives in a different home. Which test may they satisfy to claim the parent?

Answer: Qualifying relative test

An elderly parent who does not live with the taxpayer can be claimed as a qualifying relative if support and income tests are met.

Two divorced parents share custody. Who is generally entitled to claim the child as a dependent?

Answer: The custodial parent

The custodial parent — the one with whom the child lives the greater number of nights — generally claims the dependency exemption.

What form does a custodial parent use to release the dependency exemption to the noncustodial parent?

Answer: Form 8332

Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent, is used to transfer the dependency claim.

Which statement about the Married Filing Jointly status is correct?

Answer: Both spouses are jointly and severally liable for the tax

Married Filing Jointly creates joint and several liability, meaning each spouse is fully responsible for the total tax owed.

A taxpayer's spouse died in 2024. They have a dependent child. What is the most beneficial filing status for tax years 2025 and 2026?

Answer: Qualifying Surviving Spouse

Qualifying Surviving Spouse status allows use of Married Filing Jointly tax rates for two years after the spouse's death when there is a qualifying dependent.

How many months must a taxpayer have paid more than half the household costs to qualify for Head of Household?

Answer: More than 6 months

To file as Head of Household, the taxpayer must have paid more than half the cost of keeping up a home for more than half the year.