Name: ___________________________

__________________

Score:

A. Required: For each of the taxpayers under the following cases, in good form
determine/compute for the total amount of Exemption/Allowance (Allowed
Personal Exemption and Health/Hospitalization Insurance Premium) for the
current year 2014.
1. A married taxpayer was legally separated from his wife during the year 2014.
He had as dependents the following persons:
a. A legitimate son, who became 21 years old on October 2 of same year
b. A nephew, 15 years old
c. A cousin who is a senior citizen
2. A taxpayer who is divorced from her husband three years ago had the
following dependents:
a. Recognized natural child, 14 yrs old, living with her, dependent upon her
for 50% support whereas the other 50% was provided by her estranged
husband.
b. Legitimate child, 18 yrs old, living with the taxpayer and dependent upon
her for chief support from January to October. Beginning November up to
December of the same year, said dependent was already living with and
dependent upon his aunt for chief support.
3. A taxpayer is a resident citizen, single and supports her stepmother who is 53
yrs old. They have no actual Health/Hospitalization Insurance Premium
payments but the taxpayers gross income was P205,000.00.
4. Mr. Gomez, who is single, supports his best friend, who is a 65-yr old widower
and the latters two minor children. The taxpayer earned a gross income of
P235,000.00 and paid health/hospitalization insurance premium amounting to
P4,500.00.
5. Husband and wife, who earned over P350,000.00 during the year have the
following dependents who are living with and dependent upon them for chief
support.
a. Mother of his spouse
b. Legitimate son, 18 yrs old, single, unemployed
c. Legitimate daughter, 16 yrs old, unemployed
d. Another legitimate son, 19 yrs old, married in 2012 and unemployed
e. Legitimate son of his spouse with first husband, 21 yrs old single, and
unemployed
6. An individual taxpayer, single but having the following dependents: a
recognized natural child, and a nephew, who are both below 21 yrs old,

single, unemployed, living with and dependent upon the taxpayer for chief
support. He earned compensation income of P119,000.00 from employment
as well as business and other income of P120,000.00.
The actual
hospitalization/health insurance premium payment was P5,000.00.
7. A married couple had the following data: compensation income of husband
and wife were P14,000.00 and P18,000.00 respectively. The husband also
earned income of P165,000.00 from his business.
The health &
hospitalization insurance premium paid was P2,100.00.
8. A taxpayer, who is a resident citizen, supports three of his children by his
deceased first wife and two children by his current wife. His gross income for
the year was P340,000.00 and he spent P3,000.00 for health/hospitalization
premiums.
9. A taxpayer is married but is legally separated a d supports his four children,
one of whom is an illegitimate child.
His years gross income was
P245,000.00 and he incurred actual health/hospitalization insurance
premiums of P4,500.00
10.Mrs. Concepcion, a widow, provides chief support for the following
dependents who are living with her, namely: her common law husband, who
is single, and their child. Her payments for health/hospitalization insurance
premiums and years gross income were P2,350.00 and P230,000.00
respectively.

B. Required: Compute and encircle the best answer:

1. Mr. Al Samonte is a widower with three (3) dependent minor legitimate
children in January of 2014. In February of same year, he got married to Ms
Bianca King and subsequently in November the latter gave birth to a baby
boy. The total basic and additional personal exemptions in 2014 is:
a.
b.
c.
d.

50,000.00
125,000.00
150,000.00
No answer

2. A foreigner who is married but is a non resident individual who is doing

business in the Philippines had the following pertinent data in taxable year
2014: He has seven qualified dependent children, his country allows non
resident Filipinos with income therein, a basic personal exemption of
P30,000.00 as head of the family, P40,000.00 as married and P15,000.00 as
single. Likewise, his country grants an additional personal exemption for

dependent children of P7,000.00 each. The allowed personal exemption that

he can claim in 2014 is:
a.
b.
c.
d.

68,000.00
150,000.00
140,000.00
No answer

3. A legally married couple who are both gainfully earning had the following
dependents in 2014:
a. Three legitimate dependent children
b. Two dependent nephews
c. One illegitimate child of wife
d. One of the above cited legitimate children died in December of same year
The claimable allowed personal exemptions of the couple are:
a.
b.
c.
d.

125,000.00
150,000.00
100,000.00
No answer

4. Mario was married 2004 but became a widower in February of the year 2014.
He had the following dependents:
a. Two legitimate children
b. Recognized natural child with Ana
c. Ana his former common law wife
d. Illegitimate child with another woman
The total basic personal exemption and additional personal exemption in
2014 is:
a.
b.
c.
d.

50,000.00
100,000.00
125,000.00
No answer

5. Kiko was married but was legally separated a year before, earned
P325,000.00 compensation income from employment during the taxable
year. He has a legally adopted child as dependent and paid P3,950.00 as
helath, hospitalization insurance premium. In 2014, he can claim a total of
personal exemption and premiums deductible from gross compensation
income of:
a. 50,000.00
b. 77,400.00

c. 75,000.00
d. No answer