Kent,an unmarried individual,invited his widowed father,Martin,to move into his home in January of this year.Martin's only income item was a $14,000 taxable pension from his former employer.Kent provides about 75% of his father's financial support.What is Kent's filing status and number of exemptions for the year?

Question

Quizplus · Accepted Answer

Kent is single and can claim one exemption for himself. He cannot claim his father as a dependent because Martin's income exceeds the IRS limit for a qualifying relative.

Kent,an Unmarried Individual,invited His Widowed Father,Martin,to Move into His Home