But now her mother is gone and my friend earns a great deal of money. She's not in the 1%, but she's in the 5% and the taxman is going to start taking chunks out of her with big, sharp teeth. I'm just waiting.
If the recently deceased was deceased past July 2011, then your friend will get “bad news” in 4/13 as your friend could still claim the mom as a dependent until then.
Correct my if I am wrong. But if her mother passed this tax year she still gets to claim her.
You might have to wait till 2013 for the drift right to start.