ACCT 2000 : Acct 2000 Income Tax Quiz
Document Summary
In 2012, smith, a divorced person, provided over one-half the support for his widowed mother, ruth, and his son, clay, both of whom are us citizens. During 2012, ruth did not live with smith. Clay, a full-time graduate student, and his wife lived with smith. Clay had no income but filed a joint return for 2012, owing an additional in taxes on his wife"s income. Majors, a candidate for a graduate degree, received the following scholarship awards from the university in 2012: ,000 for tuitition, fees, books, and supplies required for courses, ,000 stipend for research services required by the scholarship. Select one: $ 2,000, ,000, ,000, sh. Select one: check-writing fees for a personal checking account, ira trustee"s fees that are separately billed and paid, legal fee for tax advice related to a divorce, appraisal fee for a charitable contribution. All of the following taxes are deductible as itemized deductions by a self-employed taxpayer except.
