How many exemptions should margaret and john claim


Margaret, age 65, and John, age 62, are married with a 23-year old daughter who lives in their home. They provide over half of their daughter's support, and their daughter earned $3,900 this year from a part-time job. Their daughter is not a full-time student. How many exemptions should Margaret and John claim on a joint return for 2011?

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Accounting Basics: How many exemptions should margaret and john claim
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