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Ellen,age 39 and Single,furnishes More Than 50% of the Support

Question 104

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Ellen,age 39 and single,furnishes more than 50% of the support of her parents,who do not live with her.Ellen practices as a self-employed interior decorator and has gross income in 2014 of $120,000.Her deductions are as follows: $30,000 business and $8,100 itemized.
a.What is Ellen's taxable income for 2014?
b.Can Ellen qualify for head of household filing status? Explain.

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a.$69,050.$120,000 (gross income)- $30,0...

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