John, age 25, is a full-time student at a state university. john lives with his unmarried sister, ann, who provides over half of his support. his only income is $4,200 of wages from a part-time job at the college book store. what is ann's filing status for 2018?

Ann's filling status for 2018 is single.

Explanation:

The person with a gross income of $4150 cant be claimed as dependent.

Therefore, Ann's filling status for 2018 is single.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.