subject
Business, 23.01.2020 17:31 angelinamadriga

Your clients, adam and amy accrual, have a 21-year-old daughter named april. april is single and is a full-time student studying for her bachelor’s degree in accounting at california poly academy (cpa) in pismo beach, california, where she lives with her roommates year-round. last year, april worked at a local bar and restaurant four nights a week and made $18,000, which she used for tuition, fees, books, and living expenses. her parents april by sending her $300 each month to with her expenses at college. this is all of the support given to april by her parents. when preparing adam and amy’s tax return, you note that they claim april as a dependent for tax purposes. adam is insistent that they can claim april because of the $300 per month support and the fact that they "have claimed her since she was born." he will not let you take april off his return as a dependent. would you sign the paid preparer’s declaration (see example above) on this return? why or why not?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
Answers: 3
question
Business, 22.06.2019 08:30
Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.
Answers: 1
question
Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
question
Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
Answers: 3
You know the right answer?
Your clients, adam and amy accrual, have a 21-year-old daughter named april. april is single and is...
Questions
question
Mathematics, 31.03.2021 15:40
question
Mathematics, 31.03.2021 15:40
question
Mathematics, 31.03.2021 15:40
question
Mathematics, 31.03.2021 15:40
question
History, 31.03.2021 15:40
question
Mathematics, 31.03.2021 15:40
Questions on the website: 13722367