Roy and Linda were divorced in 2016 . The divorce decree awards custody of their children to Linda but is silent as to who is entitled to claim them as dependents. If Roy furnished more than half of their support, he can claim them as dependents in 2017
a. True
b. False
Indicate whether the statement is true or false
False
RATIONALE: Not unless Linda consents.
You might also like to view...
The Narrows Company makes the following entry in its accounting records: Inventory ................................. 400 Cost of Goods Sold...................... 400 This entry would be made when
a. merchandise is sold and the periodic inventory method is used. b. merchandise is sold and the perpetual inventory method is used. c. merchandise is returned and the perpetual inventory method is used. d. merchandise is returned and the periodic inventory method is used.
Where a landowner seeks permission to build a structure that does not comply with the current
zoning regulations applicable to the land in question, the landowner would seek a(n): A) Nonconforming use permit. B) Taking compensation. C) Nuisance permit. D) Covenant exemption. E) Variance.
Which of the following is true regarding the benefits of collaborative work?
A. The participants have similar views and similar goals. B. The logistics of coordination is easily achieved. C. It increases communication among participants. D. It minimizes interpersonal conflicts.
Clarence is the trustee of a trust. With $75,000 of his own money, Clarence purchases a parcel of real estate. Two months later, he sells the parcel to the trust for $150,000 and pockets the profit. Discuss the situation in terms of the duties and powers of the trustee