Response to the following:
1. During the year, Zander is transferred by his employer from Seattle to San Diego. His moving expenses are not reimbursed and are as follows:
|
Cost of moving household furnishings
|
$9,000
|
|
Transportation
|
$1,000
|
|
Meals
|
$800
|
|
Lodging
|
$1,400
|
His qualified moving expenses are:
$12,200.
$11,800.
$11,400.
$10,000.
None of the above
2. In satisfying the support test and the gross income test for claiming a dependency exemption, a scholarship received by the person being claimed is handled the same way for each test. Do you agree or disagree with this statement? Why?
3. DeWayne is a U.S. citizen and resident. He spends much of each year in the United Kingdom on business. He is married to Petula, a U.K. citizen and resident of London. DeWayne has heard that it is possible that he can file a joint income tax return for U.S. purposes. If this is so, what are the constraints he should consider in making any such decision?