VITA Advanced Test with 100% verified solutions-2023 Head of Household

VITA Advanced Test with 100% verified solutions-2023 Head of Household 1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 tax return? False 2. Karen's Economic Impact Payment (EIP3) must be included in her total income. $300 3. What amount may Karen deduct as a charitable contribution when filing her 2021 tax return? $6,600 4. What is the maximum amount Paul and Maggie are eligible to claim for the child tax credit? $3,500 5. How much of the child care expenses can be used to claim the child and dependent care credit? All the above 6. Form 8889, Part 1 is used to report HSA contributions made by _______________. 1000 7. Carol is eligible to contribute an additional $________ to her HSA because she is age 55 or older. $2,980 8. What is the total unreimbursed qualified medical expenses reported on Form 8889, Part II? Barbara and Jenny - 9. For the purpose of determining dependency, Marie meets the conditions to be the qualifying child of _______________. False 10. Jenny is not eligible to claim Marie for the earned income credit because her filing status is Married Filing Separate. True 11. Michael's mortgage insurance premium of $230 can be claimed as an itemized deduction on his Schedule A.