When two or more people qualify to claim the same person as a dependent, a taxpayer who is entitled to claim the dependent through the qualified child rules has priority over a taxpayer who meets the requirements for other relatives.

Answer the following statement true (T) or false (F)


True

Tie-breaker rules favor the taxpayer who can claim the dependent under the qualifying child rules.

Business

You might also like to view...

According to Table 5.1 in the text, which of the following does not apply to qualitative research?

A) a small number of nonrepresentative cases B) non-statistical data analysis C) unstructured form of data collection D) outcome is used to recommend a final course of action

Business

When appraising a paramedic, Derrick based his appraisal on the individual’s performance on emergency diagnostic and treatment procedures. It appears that Derrick is basing his appraisal on ______.

A. traits B. behaviors C. results D. incidents

Business

Bailout Corporation Bailout Corporation reported the following information for the year ended December 31, 2012. Revenues $2,500,000 Expenses 2,000,000 Retained earnings at December 31, 2011 100,000 Retained earnings at December 31, 2012 450,000 Refer to the selected information provided for Bailout Corporation. How much was paid out in dividends in 2012?

A) $500,000 B) $150,000 C) $350,000 D) $250,000

Business

______ is a function of getting the job done whenever and however it must be done.

A. Productivity B. Efficiency C. Effectiveness D. Opportunity E. Preference

Business