Why Form 8815 Dependents 2024-2025

Music, good afternoon class, and welcome to today's session, which is called filing status and dependents. This is a subject that most tax preparers think is boring, uninteresting, and irrelevant. After all, it's such beginner stuff. I've been doing tax returns for, you know, two decades. Why should I be wasting my time on these topics? Just a test where you're at and how clever you really are on your knowledge base. I've thrown up three different questions here, and we're going to be covering the topics covered by these questions in today's class. So maybe you consider a little bit unfair to be asking the questions at the start, rather than after I've taught the topic. But as we head into the class, I wanted to have your brain working a little bit. And if you would just take a moment to read each of these questions and select the answer that you feel is appropriate, I will then let you know what the real answer is and why. So let's take a look first at the filing status question. This is really a head of household question. John is married but has not lived with his wife since May 1st of the tax year. His mother lived with him all year, and he paid all of the costs of keeping up the home. He can claim an exemption for his mother, and the taxpayer May's file as head of household. True or false? This particular question is one of the most frequently missed questions on the Oregon tax consultant exam. If you're not from Oregon, you might wonder what that is, but it's actually a pretty relevant exam. In order to take the Oregon consultant exam, you must either be an enrolled agent, or you must be a person...