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12. Ed is divorced and maintains a home in which he and a dependent friend live. Ed does not qualify for head of household filing status? a. True b. False 13. In terms of income tax consequences, abandoned spouses are treated the same way as married person filing separate returns? a. True b. False 14. Which, if any, of the following is a deduction for AGI? a. Contributions to a traditional Individual Retirement Account b. Child support payments c. Funeral expenses d. Loss on the sale of a personal residence e. Medical expenses 15. Kyle and Liza are married and under 65 years of age. During 2018, they furnish more than half of the support of their 19-year-old daughter, Kendra, who lives with them. She graduated from high school in May 2017. Kendra earns $15,000 from a part-time job, most of which she sets aside for future college expenses. Kyle and Liza also provide more than half of the support of Kyle's cousin who lives with them. Liza's father, who did on January 3, 2018, at age 90, has for many years qualified as their dependent. How man dependents can Kyle and Liza claim? a. One b. Two c. Three d. Four e. None 16The realization requirement gives an incentive to own assets that have increased in value and to sell assets whose value has decreased? a. True b. False

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