Which of the following individuals are required to file a 2014 Federal income tax return?

28. Compute 2014 taxable income in each of the following independent situations.

a. Drew and Meg, ages 40 and 41 respectively, are married and file a joint return. In addition to four dependent children, they have AGI of $65,000 and itemized deductions of $15,000.

b. Sybil, age 40, is single and supports her dependent parents, who live with her. Sybil also supports her grandfather, who lives in a nursing home. She has AGI of $80,000 and itemized deductions of $8,000.

c. Scott, age 49, is a surviving spouse. His household includes two unmarried stepsons who qualify as his dependents. He has AGI of $58,000 and itemized deductions of $9,500.

d. Amelia, age 33, is an abandoned spouse and maintains a house hold for her three dependent children. She has AGI of $58,000 and itemized deductions of $9,500.

e. Dale, age 42, is divorced but maintains the home in which he and his daughter, Jill, live. Jill is single and qualifies as Dale’s dependent. Dale has AGI of $64,000 and itemized deductions of $9,900.

45. Which of the following individuals are required to file a 2014 Federal income tax return? Should any of these individuals file a return even if filing is not required? Why or why not?

a. Patricia, age 19, is a self-employed single individual with gross income of $5,200 from an unincorporated business. Business expenses amounted to $4,900.

b. Mike is single and is 67 years old. His gross income from wages was $10,800.

c. Ronald is a dependent child under age 19 who received $6,500 in wages from a part-time job.

d. Sam is married and files a joint return with his spouse, Lana. Both Sam and Lana are 67 years old. Their combined gross income was $22,750.

e. Quinn, age 20, is a full-time college student who is claimed as a dependent by his parents. Quinn reports taxable interest and dividends of $2,500.

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