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Which of the Following Taxpayers May File as a Head

question 124

Multiple Choice

Which of the following taxpayers may file as a head of household in 2017?
Ron provides all the support for his mother, Betty, who lives by herself in an apartment in Fort Lauderdale. Ron pays the rent and other expenses for the apartment and properly claims his mother as a dependent.

Tammy provides over one-half the support for her 18-year old brother, Dan. Dan earned $4,200 in 2017 working at a fast food restaurant and is saving his money to attend college in 2018. Dan lives in Tammy's home.
Joe's wife left him late in December of 2016. No legal action was taken and Joe has not heard from her in 2017. Joe supported his 6-year-old son, who lived with him throughout 2017.

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Definitions:

Vesting

The process by which an employee acquires non-forfeitable rights over employer-provided stock incentives or contributions made to the employee's pension plan, often based on length of service.

AASB 119/IAS 19

Accounting standards that dictate the accounting for employee benefits, including pensions and other post-employment benefits, aligning with international financial reporting standards.

Share-Based Payments

Transactions in which an entity acquires goods or services by issuing shares of its stock, options, or other equity instruments.

Long Service Leave

A benefit offered to employees who have been with a company for a long period, often allowing for extended paid time off.