Mr. and Mrs. Vonce, both age 62, file a joint return for 2016. They provided all the support for their daughter who is 19 years old, legally blind, and who earns no income. Their son, age 21 and a full-time student at a university, had $4,200 of income and provided 70 percent of his own support during 2016. How many exemptions may Mr. and Mrs. Vonce claim on their 2016 tax return?

Question

Quizplus · Accepted Answer

Mr. and Mrs. Vonce can claim themselves as exemptions, and they can also claim exemptions for their daughter and son. Since their daughter is a dependent who earns no income, they can claim her as a dependent exemption. Their son, who provided 70 percent of his own support, may still be claimed as a dependent exemption as he did not provide more than half of his own support. Therefore, the Vonces may claim a total of 3 exemptions.

Mr and Mrs