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Kyle and Liza Are Married and Under 65 Years of Age.During

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Kyle and Liza are married and under 65 years of age.During 2014,they furnish more than half of the support of their 19-year old daughter,May,who lives with them.She graduated from high school in May 2013.May earns $15,000 from a part-time job,most of which she sets aside for future college expenses.Kyle and Liza also provide more than half of the support of Kyle's cousin who lives with them.Liza's father,who died on January 3,2014,at age 90,has for many years qualified as their dependent.How many personal and dependency exemptions should Kyle and Liza claim?


Definitions:

Gratified

The feeling of satisfaction or pleasure about having one's desires or needs fulfilled.

Superego

In Freudian psychology, the part of the personality that represents the internalized ideals and provides standards for judgment.

Norms and Morals

Norms and morals involve the rules and standards established by society that guide behavior and determine what is considered right and wrong.

Innate

Refers to qualities, abilities, or knowledge that are present in an individual at birth, not acquired through experience.

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