Enrolled Agent Exam Questions and
Answers Already Passed
What is the purpose of Form 1040?
A) To request an extension for filing taxes
B) To report income and calculate the amount of taxes owed
C) To claim tax deductions for business expenses
✔✔B) To report income and calculate the amount of taxes owed
Which of the following is considered taxable income for an individual?
A) Gifts received from family members
B) Wages, salaries, and bonuses
C) Child support payments
✔✔B) Wages, salaries, and bonuses
What is the standard deduction for a married couple filing jointly in 2022?
A) $12,400
✔✔B) $25,900
C) $18,000
1
,When must a taxpayer file their federal income tax return for the year 2022?
A) March 15, 2023
✔✔B) April 18, 2023
C) May 1, 2023
What is the maximum contribution to a traditional IRA in 2022 for an individual under the age of
50?
A) $3,000
✔✔B) $6,000
C) $10,000
What is the tax treatment of dividends received by an individual taxpayer?
A) Dividends are always taxed as ordinary income
✔✔B) Qualified dividends are taxed at a lower rate than ordinary income
C) Dividends are not taxed
Which of the following income is generally exempt from federal income tax?
2
,✔✔A) Interest on municipal bonds
B) Wages earned from a job
C) Rental income
What is the IRS filing deadline for a taxpayer who is filing for an extension?
A) September 15, 2023
✔✔B) October 15, 2023
C) November 30, 2023
Which of the following is required for a taxpayer to qualify for the Earned Income Tax Credit
(EITC)?
A) The taxpayer must be 65 years or older
✔✔B) The taxpayer must have earned income and meet certain income thresholds
C) The taxpayer must have no children
What form is used by an individual to authorize an Enrolled Agent to represent them before the
IRS?
A) Form 8889
3
, ✔✔B) Form 2848
C) Form 1065
Which of the following is not deductible for an individual taxpayer?
A) Charitable contributions
B) Mortgage interest
✔✔C) Personal living expenses such as rent or utilities
What is the maximum contribution to a Health Savings Account (HSA) for family coverage in
2022?
A) $4,000
B) $5,500
✔✔C) $7,300
How is rental income treated for tax purposes?
✔✔A) Rental income is taxable and must be reported on the taxpayer’s tax return
B) Rental income is exempt from taxation
C) Rental income is only taxable if it exceeds $5,000
4
Answers Already Passed
What is the purpose of Form 1040?
A) To request an extension for filing taxes
B) To report income and calculate the amount of taxes owed
C) To claim tax deductions for business expenses
✔✔B) To report income and calculate the amount of taxes owed
Which of the following is considered taxable income for an individual?
A) Gifts received from family members
B) Wages, salaries, and bonuses
C) Child support payments
✔✔B) Wages, salaries, and bonuses
What is the standard deduction for a married couple filing jointly in 2022?
A) $12,400
✔✔B) $25,900
C) $18,000
1
,When must a taxpayer file their federal income tax return for the year 2022?
A) March 15, 2023
✔✔B) April 18, 2023
C) May 1, 2023
What is the maximum contribution to a traditional IRA in 2022 for an individual under the age of
50?
A) $3,000
✔✔B) $6,000
C) $10,000
What is the tax treatment of dividends received by an individual taxpayer?
A) Dividends are always taxed as ordinary income
✔✔B) Qualified dividends are taxed at a lower rate than ordinary income
C) Dividends are not taxed
Which of the following income is generally exempt from federal income tax?
2
,✔✔A) Interest on municipal bonds
B) Wages earned from a job
C) Rental income
What is the IRS filing deadline for a taxpayer who is filing for an extension?
A) September 15, 2023
✔✔B) October 15, 2023
C) November 30, 2023
Which of the following is required for a taxpayer to qualify for the Earned Income Tax Credit
(EITC)?
A) The taxpayer must be 65 years or older
✔✔B) The taxpayer must have earned income and meet certain income thresholds
C) The taxpayer must have no children
What form is used by an individual to authorize an Enrolled Agent to represent them before the
IRS?
A) Form 8889
3
, ✔✔B) Form 2848
C) Form 1065
Which of the following is not deductible for an individual taxpayer?
A) Charitable contributions
B) Mortgage interest
✔✔C) Personal living expenses such as rent or utilities
What is the maximum contribution to a Health Savings Account (HSA) for family coverage in
2022?
A) $4,000
B) $5,500
✔✔C) $7,300
How is rental income treated for tax purposes?
✔✔A) Rental income is taxable and must be reported on the taxpayer’s tax return
B) Rental income is exempt from taxation
C) Rental income is only taxable if it exceeds $5,000
4
