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The Hutters filed a joint return for 2012.They provide more than 50% of the support of Carla, Melvin, and Aaron.Carla (age 18) is a cousin and earns $5,000 from a part-time job.Melvin (age 25) is their son and is a full-time law student.He received from the university a $3,800 scholarship for tuition.Aaron is a brother who is a citizen of Israel but resides in France.Carla and Melvin live with the Hutters.How many personal and dependency exemptions can the Hutters claim on their Federal income tax return?
Maturity Stage
Phase in a product's lifecycle where growth slows down, and sales stabilize, often requiring strategies to maintain market share.
Growth Stage
A phase in the business life cycle where a company experiences rapid revenue and customer base expansion.
Life Cycle
Refers to the series of stages that an entity (such as a product, project, or organism) goes through from its inception or birth to its cessation or death.
Entrepreneurial Firms
Companies focused on innovative opportunities and proactive in creating new goods or services.
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