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3,100
The Byrds provide over half of the support of their two children, Cynthia (born January
25, 1992, Social Security number 123-45-6788) and John (born February 7,
1996, Social Security number 123-45-6786). Both children are full-time students and
live with the Byrds except when they are away at college. Cynthia earned $4,200
from a summer internship in 2016, and John earned $3,800 from a part-time job.
During 2016, the Byrds provided 60% of the total support of Bruce’s widower
father, Sam Byrd (born March 6, 1940, Social Security number 123-45-6787). Sam
lived alone and covered the rest of his support with his Social Security benefits. Sam
died in November, and Bruce, the beneficiary of a policy on Sam’s life, received life
insurance proceeds of $1,600,000 on December 28.
The Byrds had the following expenses relating to their personal residence during
2016:
Property taxes $5,000
Qualified interest on home mortgage 8,700
Repairs to roof 5,750
Utilities 4,100
Fire and theft insurance 1,900
The Byrds had the following medical expenses for 2016:
Medical insurance premiums $4,500
Doctor bill for Sam incurred in 2015 and not paid until 2016 7,600
Operation for Sam 8,500
Prescription medicines for Sam 900
Hospital expenses for Sam 3,500
Reimbursement from insurance company, received in 2016 3,600
The medical expenses for Sam represent most of the 60% that Bruce contributed
toward his father’s support.
Other relevant information follows:
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