Laura and Bryan’s daughter

Question # 00061404 Posted By: solutionshere Updated on: 04/15/2015 10:23 AM Due on: 04/15/2015
Subject Accounting Topic Accounting Tutorials:
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1. Go to the IRS Web site (www.irs.gov) and locate Publication 501: Exemption, Standard Deduction, and Filing information. What documentation is necessary for a taxpayer with impaired vision to qualify for the additional standard deduction for blindness?

2. Laura and Bryan’s daughter, Lillian, will start college in a few months. They would like to know what tax issues they should consider when they pay for Lillian’s college tuition and related expenses.

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