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John and Mary Have Two Children, Anna, Age 16, and Tammy

Question 88

Multiple Choice

John and Mary have two children, Anna, age 16, and Tammy, age 21. Anna works after school and earned $4,000 in 2017. Tammy works 30 hours per week and is a part-time student at the local community college. She earned $8,400 in 2017. John's mother also lives with them; she receives $7,800 in Social Security and $2,000 in interest income from some bonds. John and Mary provide over $10,000 towards her support. How many dependency exemptions may John and Mary claim on their joint tax return?


A) 1
B) 2
C) 3
D) 5

Correct Answer:

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