VITA Basic Exam 2023 /Questions And Answers

VITA Basic Exam 2023 /Questions And Answers
Quiz :What is the most advantageous filing status allowable that Joe can claim
on his taxreturn for 2021? - Answer :Head of Household

Quiz :Joe can claim a higher standard deduction because he is blind. -
Answer :True

Quiz :Chris and Marcie cannot claim the Earned Income Tax Credit (EITC)
because theyare too young and have no qualifying children. - Answer :false

Quiz :Chris and Marcie must claim the EIP3 of $2,800 as taxable income on
their 2021 taxreturn. - Answer :false

Quiz :Which of the Reynolds children qualifies for the child tax credit (CTC)? -
Answer :Laura and Timothy

Quiz :Archie and Tina will not itemize deductions but can deduct the full
amount of theircharitable contribution. - Answer :false

Quiz :The Brooks qualify for the Credit for Other Dependents. - Answer :True

Quiz :The Brooks qualify for the Earned Income Tax Credit. - Answer :false

Quiz :Alan cannot claim the Earned Income Tax Credit because his age is more
than theage limit. - Answer :False

Quiz :. Alan must take a required minimum distribution in 2021. -
Answer :false

Quiz :Bobbie can exclude his unemployment compensation on his 2021 tax
return. - Answer :False

Quiz :Bobbie is eligible for the following credit: - Answer :American
Opportunity Credit
Lifetime learning credit
earned income credit

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