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Which of the following taxpayers may file as a head of household in 2012? 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 2012 working at a fast food restaurant and is saving his money to attend college in 2013.Dan lives in Tammy's home.
Joe's wife left him late in December of 2011.No legal action was taken and Joe has not heard from her in 2012.Joe supported his 6-year-old son, who lived with him throughout 2012.
Inflation
The tempo at which prices for general goods and services ascend, leading to a depreciation in money's buying strength.
Government
The organization or system through which a society or community is ruled, often responsible for creating and enforcing laws, policies, and regulations.
Hyperinflations
Extremely high and typically accelerating inflation rates, leading to a rapid erosion of the real value of local currency.
Inflation Tax
The revenue the government raises by creating money
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