In June of Year 1, Eric's wife, Savannah, died. Eric did not remarry during Year 1, Year 2, or Year 3. Eric maintains the household for his dependent daughter, Catherine, in Year 1, Year 2, and Year 3. Which is the most advantageous filing status for Eric in Year 2?
Opal fell on the ice and injured her hip this winter. As a result she paid $3,170 for a visit to the hospital emergency room and $920 for follow-up visits with her doctor. While she recuperated, Opal paid $670 for prescription medicine and $770 to a therapist for rehabilitation. Insurance reimbursed Opal $1,370 for these expenses. What is the amount of Opal's qualifying medical expense?
Scott is a self-employed plumber and his wife, Emily, is a full-time employee for a university. Emily has health insurance from a qualified plan provided by the university, but Scott has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,470 for his health insurance premiums, Scott also pays the following expenses associated with his plumbing business:
| Plumbing tools and supplies | $ 1,370 |
|---|---|
| Rent on Scott's plumbing shop | 6,320 |
| Transportation between Scott's shop and various jobsites | 570 |
| Plumber's uniform | 40 |
| Plumbing truck rental | 7,270 |
| Self-employment tax (half is employer share) | 470 |
What is the amount of deductions for AGI that Scott can claim this year (2026)? Enter as $XX,XXX
The Dashwoods (married filing jointly couple) have calculated taxable income to be $108,000 for 2026, which includes $2,000 of net capital gains. Using the appropriate tax rate schedules (opens in a new tab),dividends and capital gains tax rates (opens in a new tab), calculate the Dashwoods' income tax liability assuming they are married and file a joint return.
Enter answer as $XX,XXX no cents.
Greg is single. During 2026, he received $60,000 of salary from his employer. That was his only source of income. He reported $3,000 of for AGI deductions and $9,000 of itemized deductions (including $500 of qualifying charitable contributions). The 2026 standard deduction amount for a single taxpayer is $16,100. What is Greg's taxable income?
Andres has received the following benefits this year.
| Salary | $ 103,750 |
|---|---|
| Contribution to qualified pension plan | 15,000 |
| Qualified health insurance premiums | 12,800 |
| Year-end bonus | 22,800 |
| Group-term life insurance premiums (face = $40,000) | 2,085 |
| Whole-life insurance premiums (face = $100,000) | 2,870 |
| Disability insurance premiums | 2,070 |
Besides these benefits, Andres missed work for two months due to an illness. During his illness, Andres received $7,260 in sick pay from a disability insurance policy. Assume Andres has disability insurance provided by his employer as a nontaxable fringe benefit. What amount, if any, must Andres include in gross income this year? ENTER AMOUNT in format $XXX,XXX no cents.
Which of the following is not an itemized deduction?
Jan and Ed Rochester are married with a 2-year-old child, who lives with them and whom they support financially. Jan and Ed file a joint tax return. In 2026, Jan and Ed realized the following items of income and expense:
| Item | Amount |
|---|---|
| Jan's Salary | $ 70,000 |
| Ed's Salary | 35,000 |
| Municipal bond interest income | 400 |
| Qualified business income | 1,000 |
| Alimony paid (pre-2019 divorce decree) | (7,000) |
| Real property tax (from AGI deduction) | (16,000) |
| Charitable contributions | (18,000) |
They also qualified for a $2,200 child tax credit. Their employers withheld $5,800 in federal income taxes from their paychecks (in the aggregate). Finally, the 2026 standard deduction amount for married filing jointly taxpayers is $32,200.
What is the couple's taxable income? Enter with $ XX,XXX
Catherine de Bourgh has one child, Anne, who is 18 years old at the end of the year. Anne lived at home for seven months during the year before leaving home to attend State University for the remaining five months of the year. During the year, Anne earned $6,000 while working part time. Catherine provided 80 percent of Anne's support and Anne provided the rest. Which of the following statements regarding whether Anne is Catherine's qualifying child for the current year is correct?