H&R Block Test Sample Questions
Which of the following is an example of a casualty and/or theft loss?
Termite damage
Misplaced property
Damage or loss from a terrorist attack
Property broken through ordinary use - answer Damage or loss from a terrorist attack
The Saver's Credit may be claimed by eligible taxpayers who make a contribution to a
qualified retirement fund. Which one of these savings vehicles do NOT qualify for the
Saver's Credit?
A mutual fund in a 401K account.
A mutual fund in a Roth IRA.
A nonrestricted saving's account.
A money market account in a traditional IRA - answerA nonrestricted saving's account.
Which of the following IS a rule for determining whether an individual is a qualifying
child?
Gross income
Dependency
Member of household
Relationship - answerRelationship
Which of the following is an example of a casualty and/or theft loss?
Termite damage
Misplaced property
Damage or loss from a terrorist attack
Property broken through ordinary use - answer Damage or loss from a terrorist attack
The Saver's Credit may be claimed by eligible taxpayers who make a contribution to a
qualified retirement fund. Which one of these savings vehicles do NOT qualify for the
Saver's Credit?
A mutual fund in a 401K account.
A mutual fund in a Roth IRA.
A nonrestricted saving's account.
A money market account in a traditional IRA - answerA nonrestricted saving's account.
Which of the following IS a rule for determining whether an individual is a qualifying
child?
Gross income
Dependency
Member of household
Relationship - answerRelationship
