VITA ADVANCED EXAM 2024 WITH 100% CORRECT ANSWERS
VITA ADVANCED EXAM 2024 WITH 100% CORRECT ANSWERS 1. Tamara and her ex-husband's divorce was final before December 31, 2018.How does this affect their 2019 tax returns? - correct answer d. Tamara is allowed to deduct the alimony paid as an adjustment to income.Her ex-husband is required to include the alimony received as income. 2.What is the most beneficial filing status allowable for Tamara? - correct answer c. Head of Household 3.Who can Tamara claim as a qualifying child(ren) for the earned income credit? - correct answer d. Tamara can claim both Kimberly and Christian. 4. Who can Charlie and Samantha claim as a qualifying dependent(s) for the credit for other dependents? - correct answer a. Harry 5. Which credit(s) are Charlie and Samantha eligible to claim? - correct answer c. Child tax credit, child and dependent care credit, and credit for other dependents. 6. Which of the following statements is true? - correct answer a. Tony is not required to file a tax return because his gross income is below the filing requirement. 7. Gail can claim Tony on her tax return as a qualifying child for the earned income credit. - correct answer a. True 8. C
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