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Indicate for Each of the Following the Most Favorable Filing

question 1078

Essay

Indicate for each of the following the most favorable filing status for the 2018 tax year.
a. Kenny died on March 2, 2017. Marge, his wife, and Bart, their son, survive. Marge filed a joint return in 2017. age 18 in 2018, is a full- time college student and continues to live at home with his mother. He works part- time, earning $3,200. What is Marge's filing status in 2018?
b. Alan Spaulding is single and provides over 50% support of his niece Alicia who lives with him all year long. maintains the household and claims Alicia as a dependent. Alicia makes $3,600 at a part- time job. She is a full- ti student, age 18. What is Alan's filing status?
c. Lily, who was divorced on July 27, 2018, provides 100% of the support for her parents who live in a nursing Kansas and have no income. What is Lily's filing status?
d. Holly was abandoned by her husband Fletcher in September of the current year. She has not seen or commu with him since then. What is Holly's filing status?
e. Rick, whose wife died in December 2015, filed a joint tax return for 2015. He did not remarry, but has continued to maintain his home in which his two dependent children live. What is Rick's filing status for 2018?


Definitions:

Direct Materials

The raw materials that can be directly traced to the manufacturing of a product.

Remachine

The process of reworking or refurbishing a piece of machinery to restore its functionality or improve its performance.

Manufacturing Cost

The total expense incurred in the process of producing goods, including direct materials, direct labor, and manufacturing overhead.

Scrap

Material that is discarded or left over from the manufacturing process, often repurposed or recycled, but sometimes considered waste.

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