Vita Advanced Actual Exam Newest 2025 Actualcomplete Real Exam Question And Correct Answers (Verified Answers ) Already Graded A+ .

VITA ADVANCED ACTUAL EXAM NEWEST 2025
ACTUALCOMPLETE REAL EXAM QUESTION AND CORRECT
ANSWERS (VERIFIED ANSWERS ) ALREADY GRADED A+ .




.Which of the following is Archie able to claim as a deduction on
his Form
1040, Schedule A? - ANSWER-c. Gambling losses


.Jennifer wants to have her refund directly deposited into her
checking account.What is her bank routing number? - ANSWER-
c. 111000025


How do Jennifer's educator expenses affect her tax return? -
ANSWER-c. $250 is deducted as an adjustment to income on
Form 1040, Schedule 1.


.What is the amount of Jennifer's child and dependent care
credit shown on
Form 2441, Child and Dependent Care Expenses? - ANSWER-b.
$525


.The total amount of qualified education expenses used in the
calculation of Jennifer's 2019 American opportunity credit is: -
ANSWER-b. $3,650

, .How does the Form 1095-A, Health Insurance Marketplace
Statement, affect Jennifer's tax return? - ANSWER-d. Jennifer
must file Form 8962, Premium Tax Credit (PTC), to reconcile the
advanced premium tax credit.


.Jennifer's income is too high to qualify for the credit on Form
8880, Credit for Qualified Retirement Savings Contributions. -
ANSWER-b. False


.Jennifer's canceled debt on Form 1099-C, Cancellation of Debt,
does not need to be reported on her tax return. - ANSWER-b.
False


.In order to claim EIC for 2019, Jennifer must file Form 8862,
Information To
Claim Certain Credits After Disallowance, with her tax return. -
ANSWER-a. True


Since the Matthews did not itemize for 2018, their state refund is
not reported on Form 1040. - ANSWER-a. True


.What is the amount of taxable interest reported on the
Matthews' Form 1040?
- ANSWER-b. $250