H&R BLOCK MIDTERM REVIEW exam COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW) 2026
Study online at https://quizlet.com/_jai3fx
1. Which of the following is considered a) Interest from a bank
earned income? C b) Unemployment compensation
c) Income from farming
d) Gambling winnings
2. The tax on income that comes entirely a) Tax Tables
from wages under $100,000 is deter- b) Tax Computation Worksheet
mined according to the: A c) Qualified Dividends and Capital Gain Tax Work-
sheet
d) Schedule D Tax Worksheet
3. Which of the following shows these a) $32. $142. $368. $1,547.
numbers rounded correctly: $31.43, b) $31. $144. $369. $1,548.
$143.57, $369.22, $1,547.88. B c) $31. $142. $369. $1,547.
d) $32. $144. $368. $1,547.
4. Which form is used by employers to a) Form W-2
report wages earned by their employ- b) Form W-4
ees? A c) Form 1040
d) Form 1040A
5. What is the exemption amount for a) $3,850
2017? B b) $4,050
c) $5,050
d) $6,050
6. The following three factors determine a) Marital status, age, and residency
the filing requirement for nondepen- b) Marital status, age, and gross income
dents: B c) Marital status, age, and taxable income
d) Marital status, age, and total deductions
7.
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, H&R BLOCK MIDTERM REVIEW exam COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW) 2026
Study online at https://quizlet.com/_jai3fx
The standard deduction on an income a) Citizenship
tax return is determined by: C b) Residency
c) Filing status
d) Gross income
8. The head of household filing status a) A qualifying child, qualifying relative, or a parent
requires that a taxpayer maintain a whom the taxpayer is allowed to claim as an ex-
household for: A emption on their tax return
b) At least one other person
c) A beloved family pet
d) Maintaining a household for another person is
not a requirement of the HOH filing status.
9. For tax purposes, when is a person's a) On the first day of the tax year.
marital status determined? D b) On the taxpayer's birthday.
c) On the day the person files their tax return.
d) On the last day of the tax year.
10. Under what circumstances might a a) If there was any federal tax withheld or they are
taxpayer who does not meet the fed- entitled to any refundable credits.
eral filing requirement want to file a b) If there was any federal tax withheld or they are
return anyway? A entitled to any nonrefundable credits.
c) To claim itemized deductions.
d) If there was any state tax withheld or they are
entitled to any refundable credits
11. Which of the following is not one of the a) The dependent must be a qualifying child or
four requirements to claim a depen- qualifying relative.
dent? D b) The dependent must be a U.S. citizen or a resi-
dent of the United States, Canada, or Mexico.
c) If the dependent is married, they cannot be
claimed as a dependent if they file a joint return
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MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW) 2026
Study online at https://quizlet.com/_jai3fx
1. Which of the following is considered a) Interest from a bank
earned income? C b) Unemployment compensation
c) Income from farming
d) Gambling winnings
2. The tax on income that comes entirely a) Tax Tables
from wages under $100,000 is deter- b) Tax Computation Worksheet
mined according to the: A c) Qualified Dividends and Capital Gain Tax Work-
sheet
d) Schedule D Tax Worksheet
3. Which of the following shows these a) $32. $142. $368. $1,547.
numbers rounded correctly: $31.43, b) $31. $144. $369. $1,548.
$143.57, $369.22, $1,547.88. B c) $31. $142. $369. $1,547.
d) $32. $144. $368. $1,547.
4. Which form is used by employers to a) Form W-2
report wages earned by their employ- b) Form W-4
ees? A c) Form 1040
d) Form 1040A
5. What is the exemption amount for a) $3,850
2017? B b) $4,050
c) $5,050
d) $6,050
6. The following three factors determine a) Marital status, age, and residency
the filing requirement for nondepen- b) Marital status, age, and gross income
dents: B c) Marital status, age, and taxable income
d) Marital status, age, and total deductions
7.
1/6
, H&R BLOCK MIDTERM REVIEW exam COMPREHENSIVE QUESTIONS WITH
MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW) 2026
Study online at https://quizlet.com/_jai3fx
The standard deduction on an income a) Citizenship
tax return is determined by: C b) Residency
c) Filing status
d) Gross income
8. The head of household filing status a) A qualifying child, qualifying relative, or a parent
requires that a taxpayer maintain a whom the taxpayer is allowed to claim as an ex-
household for: A emption on their tax return
b) At least one other person
c) A beloved family pet
d) Maintaining a household for another person is
not a requirement of the HOH filing status.
9. For tax purposes, when is a person's a) On the first day of the tax year.
marital status determined? D b) On the taxpayer's birthday.
c) On the day the person files their tax return.
d) On the last day of the tax year.
10. Under what circumstances might a a) If there was any federal tax withheld or they are
taxpayer who does not meet the fed- entitled to any refundable credits.
eral filing requirement want to file a b) If there was any federal tax withheld or they are
return anyway? A entitled to any nonrefundable credits.
c) To claim itemized deductions.
d) If there was any state tax withheld or they are
entitled to any refundable credits
11. Which of the following is not one of the a) The dependent must be a qualifying child or
four requirements to claim a depen- qualifying relative.
dent? D b) The dependent must be a U.S. citizen or a resi-
dent of the United States, Canada, or Mexico.
c) If the dependent is married, they cannot be
claimed as a dependent if they file a joint return
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