VITA ADVANCED – TEST.FINAL EXAM 2026\2027.
Advanced Scenario 1: Test Questions
Sharon qualifies for Head of Household filing status.
True
Advanced Scenario 1: Test Questions
Who qualifies to claim the Earned Income Credit (EIC) also known as Earned Income Tax Credit
(EITC) for Lea?
Sharon
Advanced Scenario 1: Test Questions
Sharon is required to report her lottery winnings as income on her federal tax return.
True
Advanced Scenario 2: Test Questions
What is the maximum amount Jeff and Jane are eligible to claim for the Child Tax Credit (CTC)
$4,000
Advanced Scenario 2: Test Questions
The Springs qualify for the Child and Dependent Care Credit
False
Advanced Scenario 3: Test Questions
Mary is eligible to contribute an additional $__________ to her HSA because she is age 55 or
older
$1,000
Advanced Scenario 3: Test Questions
Form 8889, Part I is used to report HSA contributions made by _______________.
d. All of the above
Advanced Scenario 3: Test Questions
What is the total unreimbursed qualified medical expenses reported on Form 8889, Part II?
$3,860
Advanced Scenario 4: Test Questions
For the purpose of determining dependency, Cary could be the qualifying child of
_______________.
c. Either Cheryl or Cindy
Advanced Scenario 4: Test Questions
Which of the following statements is true?
a. Cindy is not eligible to claim Cary for the EIC because her filing status is married filing
, VITA ADVANCED – TEST.FINAL EXAM 2026\2027.
separate.
b. Cindy is not eligible to claim the EIC for Cary because she is under age 25.
c. Cindy is not eligible to claim Cary for the EIC because her income is too high.
d. None of the above statements is true.
d. None of the above statements is true.
Advanced Scenario 5: Test Questions
Elizabeth can claim the $1,500 homeowners association fees as a deduction on her Form 1040,
Schedule A.
False
Advanced Scenario 5: Test Questions
What amount of gambling losses is Elizabeth eligible to claim as a deduction on her Form 1040,
Schedule A?
$2,000
Advanced Scenario 6: Test Questions
David is eligible to claim the American Opportunity Credit on his 2024 tax return.
False
Advanced Scenario 6: Test Questions
For which of the following IRA distributions will David owe an additional tax of 10%?
Both a and b
Advanced Scenario 7: Test Questions
What is the taxable portion of Faith's pension from Liberty Enterprises using the simplified
method?
$19,519.00
Advanced Scenario 7: Test Questions
The Hunters are eligible to claim the credit for other dependents on their tax return.
True
Advanced Scenario 7: Test Questions
What is the total amount of other income reported on the Hunters' Form 1040 Schedule 1?
$1,130
Advanced Scenario 7: Test Questions
Vincent is eligible to deduct qualified educator expenses in the amount of $____________
(Note: whole number only, do not use special characters.)
300
Advanced Scenario 7: Test Questions
What is the Hunters' standard deduction on their 2024 tax return?
Advanced Scenario 1: Test Questions
Sharon qualifies for Head of Household filing status.
True
Advanced Scenario 1: Test Questions
Who qualifies to claim the Earned Income Credit (EIC) also known as Earned Income Tax Credit
(EITC) for Lea?
Sharon
Advanced Scenario 1: Test Questions
Sharon is required to report her lottery winnings as income on her federal tax return.
True
Advanced Scenario 2: Test Questions
What is the maximum amount Jeff and Jane are eligible to claim for the Child Tax Credit (CTC)
$4,000
Advanced Scenario 2: Test Questions
The Springs qualify for the Child and Dependent Care Credit
False
Advanced Scenario 3: Test Questions
Mary is eligible to contribute an additional $__________ to her HSA because she is age 55 or
older
$1,000
Advanced Scenario 3: Test Questions
Form 8889, Part I is used to report HSA contributions made by _______________.
d. All of the above
Advanced Scenario 3: Test Questions
What is the total unreimbursed qualified medical expenses reported on Form 8889, Part II?
$3,860
Advanced Scenario 4: Test Questions
For the purpose of determining dependency, Cary could be the qualifying child of
_______________.
c. Either Cheryl or Cindy
Advanced Scenario 4: Test Questions
Which of the following statements is true?
a. Cindy is not eligible to claim Cary for the EIC because her filing status is married filing
, VITA ADVANCED – TEST.FINAL EXAM 2026\2027.
separate.
b. Cindy is not eligible to claim the EIC for Cary because she is under age 25.
c. Cindy is not eligible to claim Cary for the EIC because her income is too high.
d. None of the above statements is true.
d. None of the above statements is true.
Advanced Scenario 5: Test Questions
Elizabeth can claim the $1,500 homeowners association fees as a deduction on her Form 1040,
Schedule A.
False
Advanced Scenario 5: Test Questions
What amount of gambling losses is Elizabeth eligible to claim as a deduction on her Form 1040,
Schedule A?
$2,000
Advanced Scenario 6: Test Questions
David is eligible to claim the American Opportunity Credit on his 2024 tax return.
False
Advanced Scenario 6: Test Questions
For which of the following IRA distributions will David owe an additional tax of 10%?
Both a and b
Advanced Scenario 7: Test Questions
What is the taxable portion of Faith's pension from Liberty Enterprises using the simplified
method?
$19,519.00
Advanced Scenario 7: Test Questions
The Hunters are eligible to claim the credit for other dependents on their tax return.
True
Advanced Scenario 7: Test Questions
What is the total amount of other income reported on the Hunters' Form 1040 Schedule 1?
$1,130
Advanced Scenario 7: Test Questions
Vincent is eligible to deduct qualified educator expenses in the amount of $____________
(Note: whole number only, do not use special characters.)
300
Advanced Scenario 7: Test Questions
What is the Hunters' standard deduction on their 2024 tax return?
