Mr and Mrs

question 8

Multiple Choice

Mr. and Mrs. Vonce, both age 62, file a joint return for 2019. They provided all the support for their daughter who is 19 years old, legally blind, and who earns no income. Their son, age 21 and a full-time student at a university, had $4,200 of income and provided 70 percent of his own support during 2019. What is the other dependent credit Mr. and Mrs. Vonce may claim on their 2019 tax return?

• A)$0
• B)$500
• C)$1,000
• D)$2,000
• E)None of these

---

Definitions:

Dispose

The act of selling, transferring, or getting rid of an asset or property.

Property

Assets or rights owned by individuals or entities, which can be tangible or intangible, and are subject to ownership claims.

Lifetime

The period during which something is functional, active, or intended to last.

Fixture

An item of personal property that has been attached to or closely associated with real property in such a way that it becomes legally part of the real property.