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Determine the number of personal and dependency exemptions

Question - Determine the number of personal and dependency exemptions for 2012 in each of the following independent situations: A) Marcus, (age 68) and Alice, (65 and blind) file a joint return. They furnish more Than 50% of the support of a cousin. Ida, who lives with them. Ida (age20) is a full time student and earns $3,500 during the year tutoring special needs children.

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Accounting Basics: Determine the number of personal and dependency exemptions

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