H&R Block Mid Term Review Exam
Questions With Solutions
What is the amount of taxable income that you can earn and still use the Tax Table?
$100,000
What three factors determine the filing requirements for nondependents? 1. filing status
2. age
3. gross income
What are the five filing status'? 1. Single
2. Married filing joint
3. Married filing separate
4. Qualifying widow
5. Head of household
How do you determine marital status? Marital status is determined on the last day of the
tax year.
, H&R Block Mid Term Review Exam
Questions With Solutions
If the taxpayer is considered unmarried on the last day of the year what options do he/she have as
a filing status? 1. Single
2. Head of household
3. Qualifying widow
If the taxpayer is considered married on the last day of the year, the taxpayer may file as?
1. Married filing join
2. Married filing separate
When is a nondependent taxpayer required to file a tax return? Generally, the
nondependent taxpayer would be required to file a tax return when their gross income is equal to
or greater than the sum of the taxpayer's standard deduction and personal exemption amount.
If a person is filing married filing separately, when are they required to file a tax return?
When their gross income equals or exceeds the personal exemption amount ($3950 for
2014).
Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased
standard deduction. $1550 (per condition)
Questions With Solutions
What is the amount of taxable income that you can earn and still use the Tax Table?
$100,000
What three factors determine the filing requirements for nondependents? 1. filing status
2. age
3. gross income
What are the five filing status'? 1. Single
2. Married filing joint
3. Married filing separate
4. Qualifying widow
5. Head of household
How do you determine marital status? Marital status is determined on the last day of the
tax year.
, H&R Block Mid Term Review Exam
Questions With Solutions
If the taxpayer is considered unmarried on the last day of the year what options do he/she have as
a filing status? 1. Single
2. Head of household
3. Qualifying widow
If the taxpayer is considered married on the last day of the year, the taxpayer may file as?
1. Married filing join
2. Married filing separate
When is a nondependent taxpayer required to file a tax return? Generally, the
nondependent taxpayer would be required to file a tax return when their gross income is equal to
or greater than the sum of the taxpayer's standard deduction and personal exemption amount.
If a person is filing married filing separately, when are they required to file a tax return?
When their gross income equals or exceeds the personal exemption amount ($3950 for
2014).
Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased
standard deduction. $1550 (per condition)
