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Intuit Academy Tax Level 1 – 355 Complete Questions & Verified Answers | Latest Update

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Intuit Academy Tax Level 1 – 355 Complete Questions & Verified Answers | Latest Update

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Intuit Academy Tax Level 1 – 355 Complete
Questions & Verified Answers | Latest Update

Topics Covered:
• Filing Status & Residency
• Income Types & Taxation
• Deductions & Adjustments
• Tax Credits
• Health Savings Accounts (HSA)
• Retirement Accounts (IRA, 401k)
• Education Credits
• Capital Gains & Losses
• Self-Employment Tax
• IRS Forms & Schedules


Edition: 2026
Questions: 355


1. Below the line deductions include:
A. Standard deduction
B. Student loan interest
C. IRA contributions
D. Moving expenses
Answer: A


2. Which filing status is used when an individual is neither a U.S. resident
alien for tax purposes?

pg. 1

,2


A. Single
B. Married Filing Jointly
C. Head of Household
D. Non-resident alien
Answer: D


3. Eligible educators can deduct up to ______ of qualified expenses per tax
year.
A. $100
B. $250
C. $500
D. $1,000
Answer: B


4. Which of the following is an ineligible medical expense for HSA, MA, and
MA MSA?
A. Prescription drugs
B. Medical equipment
C. Breast enhancement
D. Dental treatment
Answer: C


5. A qualifying relative must have gross income less than:
A. $4,300
B. $4,700
C. $5,050
D. $5,500
Answer: C


6. Which of the following is NOT a filing status?


pg. 2

,3


A. Single
B. Married Filing Separately
C. Head of Household
D. Domestic Partner
Answer: D


7. To file as Head of Household, the taxpayer must:
A. Be unmarried
B. Pay more than half the cost of keeping up a home
C. Have a qualifying dependent
D. All of the above
Answer: D


8. A dependent must be a U.S. citizen, resident alien, or:
A. Permanent resident
B. National
C. Visa holder
D. All of the above
Answer: B


9. Which of the following is a qualifying child test?
A. Relationship test
B. Age test
C. Residency test
D. All of the above
Answer: D


10. A qualifying child must be under age ____ at the end of the tax year.
A. 17
B. 18

pg. 3

, 4


C. 19
D. 24
Answer: C


11. A qualifying child must live with the taxpayer for more than ____ of the
year.
A. 3 months
B. 6 months
C. 9 months
D. 12 months
Answer: B


12. A qualifying relative must be related to the taxpayer or:
A. Live with the taxpayer all year
B. Be a dependent of the taxpayer
C. Be a non-resident alien
D. Be a U.S. citizen
Answer: A


13. Which of the following is NOT a support test for qualifying relatives?
A. Taxpayer provides more than half of the dependent's support
B. The dependent's gross income is less than the exemption amount
C. The dependent is under age 19
D. The dependent is a member of the taxpayer's household
Answer: C


14. Which of the following is a valid dependent relationship?
A. Child, stepchild, foster child
B. Brother, sister, stepbrother, stepsister


pg. 4

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