1040 Preparation and Planning 3: Personal & Dependency Exemptions (2018 Edition)
Authored by Sidney Kess, Barbara Weltman
About this Course
Topics covered include:
Exemptions for Dependents;
Tests for Qualifying Children;
Qualifying Relative Tests;
Mutual Support Agreements;
Special Rules for Children of Divorced Parents or Unmarried Parents;
Phase-out of Exemptions.
Upon completing this course, you should be able to:
List the requirements for claiming a dependency exemption;
Determine whether a multiple support agreement can be used;
Explain the special rules for the exemption for a child whose parents are not married to each other and living apart;
Compute the phase-out of dependency exemptions.