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INTUIT ACADEMY TAX LEVEL 1 EXAM WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY GRADED A+

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INTUIT ACADEMY TAX LEVEL 1 EXAM WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY GRADED A+

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INTUIT ACADEMY TAX LEVEL 1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+


What are the five individual tax filing statuses? ......ANSWER......1. Single
2. Married filing jointly
3. Married filing separately
4. Head of household
5. Qualified widow or widower


What's the significance of a tax filing status? ......ANSWER......The
taxpayer's tax filing status can significantly effect their tax bill and which
tax forms they will need to fill out.


Who might use the "single" tax filing status? ......ANSWER......Unmarried
people who do not qualify for another filing status


Who might use the "Married filing jointly" filing status?
......ANSWER......Most married couple


Who might use the "Married filing separately" status?
......ANSWER......Married high earners, people who think their spouses
may be hiding income, or people whose spouses have tax liability

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