C239 - Advanced
Tax Concepts
(Ch.9) test with
100% correct
answers
Dependency exemptions - answer The tax
law provides an exemption for each
individual taxpayer and an additional
exemption for the taxpayer's spouse if a joint
return is filed. An individual may also claim a
dependency exemption for each dependent,
provided certain tests are met. The TCJA of
2017 suspended the deduction for
exemptions for tax years after 2017 (and
through 2025).
, E-file - answer The electronic filing of a tax
return. The filing is either direct or indirect.
In direct filing, the taxpayer goes online
using a computer and tax return preparation
software. Indirect filing occurs when a
taxpayer utilizes an authorized IRS e-file
provider. The provider often is the tax
preparer.
Filing status - answer Individual taxpayers
are placed in one of five filing statuses each
year (single, married filing jointly, married
filing separately, surviving spouse, or head of
household). Marital status and household
support are key determinants. Filing status is
used to determine the taxpayer's filing
requirements, standard deduction, eligibility
for certain deductions and credits, and tax
liability.
Head of household - answer An unmarried
individual who maintains a household for
another and satisfies certain conditions set
forth in § 2(b). This status enables the
taxpayer to use a set of income tax rates that
are lower than those applicable to other
unmarried individuals but higher than those
Tax Concepts
(Ch.9) test with
100% correct
answers
Dependency exemptions - answer The tax
law provides an exemption for each
individual taxpayer and an additional
exemption for the taxpayer's spouse if a joint
return is filed. An individual may also claim a
dependency exemption for each dependent,
provided certain tests are met. The TCJA of
2017 suspended the deduction for
exemptions for tax years after 2017 (and
through 2025).
, E-file - answer The electronic filing of a tax
return. The filing is either direct or indirect.
In direct filing, the taxpayer goes online
using a computer and tax return preparation
software. Indirect filing occurs when a
taxpayer utilizes an authorized IRS e-file
provider. The provider often is the tax
preparer.
Filing status - answer Individual taxpayers
are placed in one of five filing statuses each
year (single, married filing jointly, married
filing separately, surviving spouse, or head of
household). Marital status and household
support are key determinants. Filing status is
used to determine the taxpayer's filing
requirements, standard deduction, eligibility
for certain deductions and credits, and tax
liability.
Head of household - answer An unmarried
individual who maintains a household for
another and satisfies certain conditions set
forth in § 2(b). This status enables the
taxpayer to use a set of income tax rates that
are lower than those applicable to other
unmarried individuals but higher than those
