A Child for Whom a Dependency Exemption Is Claimed on the Parents

question 116

True/False

A child for whom a dependency exemption is claimed on the parents' tax return may also claim a personal exemption on his or her own tax return.

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Definitions:

Stipulated Requirements

Specific conditions or criteria that are formally agreed upon and must be met within a contract or agreement.

Three-Step Writing Process

A structured approach to writing that includes planning, writing, and revising.

Informational Reports

Documents or presentations aimed at delivering facts and data about a specific subject, without including opinions or recommendations.

Demonstrate Compliance

Showing evidence or actions that indicate adherence to laws, regulations, guidelines, or standards.