Prepare a schedule that lists the components of and calculates the personal and dependent exemption amount (based on current year exemption and dependency amount) that would be included on the Brock's individual tax return based on the following information:

The Brock's are married with three children: David, Jennifer and Ashley ages 17, 14 and 10, respectively.
The Brock's oldest child, David, has a part-time job that paid total wages of $3,500 for the year.
Jennifer was fortunate to participate in a program that allowed her to study abroad for 9 months of the tax year.
James Brock's father, William, lives year-around with the Brock's in an in-law apartment. William retired from a major defense contractor two years ago and receives a pension in the amount of $1,800 per month, collects Social Security benefits of $1,700 per month and has a part-time job at a local country club in their pro shop. William earns $9,000 during the nine months per year the pro shop is open.
The Brock's spend $350 each month in support of William. This support is limited to food and utilities. William spends $850 per month on medical expenses, clothing, and tuition for a community college where he is taking classes toward a degree in literature.
Pamela Brock is blind. She has a field of vision of 20 degrees. She has a full-time job.
The Brock's are in the process of adopting a child; however, the adoption process is not yet complete.

  1. 👍
  2. 👎
  3. 👁
  1. no

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Science

    1. A study was done to find if different tire treads affect the braking distance of an Army Jeep. The same road surface was used each time. Independent variable: Tire Treads Dependent Variable: Braking Distance 2. An experiment

  2. Algera check answers

    Which of the following is the most appropriate unit to describe the rate at which data is transferred using the internet? A. Megabits per second, because the independent quantity is time in seconds and dependent quantity is amount

  3. Probability and statistic

    An assembly consists of three mechanical components. Suppose that the probabilities that the first, second, and third components meet specifications are 0.95, 0.96, and 0.98. Assume that the components are independent. Let X be

  4. English

    Choose the correct form for each phrase. 1. the budget for this month this months budget this month's budget this months' budget this months's budget 2. the schedule of the doctor the doctor's schedule the doctors schedule the

  1. Science

    •Explain the process of succession •Describe how changes in an ecosystem can affect organisms that live there •Describe the amount of time needed for ecosystem recovery What are the dependent and independent variables?

  2. Programming Logic and Design (help?)

    Design a retirement planning calculator for Skulling Fincancial Services. Allo a user to enter a number of working years remaining in the user's career and the annual amount of money the user can save. Assume that the user earns

  3. Computer Programming

    I must write a program using Java that calculates the amount a person would earn over a period of time if his or her salary is one penny the first day, two pennies the second day, and continues to double each day. The program

  4. p.e

    Tanya decided that she wanted to enter the next charity marathon. She set up a schedule for daily exercise that would prepare her for the long run. This is an example of. a.) health advocacy b.) an action plan c.) a value d.) a

  1. Genetics/Bio

    Having a hard time with these two questions. Processing of ribosomal RNA (rRNA) includes all of the following EXCEPT: 1. snoRNA-dependent trimming. 2. snoRNA-dependent nucleotide modification. 3. snoRNA-dependent splicing. 4.

  2. programming logic and design

    I need help writing pseudocode for this problem: Design a retirement planning calculator for skulling financial services • Allow a user enter a number of working years remaining in the user career and the annual amount of money

  3. math

    The amount of money in Alexander’s account is, 𝑦= 4000 − 70𝑥, where 𝑦 is the amount in dollars and 𝑥 is the time in weeks. a) Which variable is independent and which is dependent? Answer: Dependent is -70x and

  4. Finance

    Assume personal income was $28 million last year. Personal outlays were $20 million and personal current taxes were $5 million. a. What was the amount of disposable personal income last year?

You can view more similar questions or ask a new question.