CORRECT DETAILED ANSWERS WITH
RATIONALES (VERIFIED ANSWERS) 2025/202
|ALREADY GRADED A+
1. What is the most advantageous filing status allowable
that Joe can claim on
his taxreturn for 2021?
--CORRECT ANSWER--Head of Household
2. Joe can claim a higher standard deduction because he is blind.
--CORRECT ANSWER--True
3. Chris and Marcie cannot claim the Earned Income Tax Credit
(EITC) because theyare too young and have no qualifying
children.
--CORRECT ANSWER--false
4. Chris and Marcie must claim the EIP3 of $2,800 as taxable
income on their 2021 taxreturn.
--CORRECT ANSWER--false
, 5. Which of the Reynolds children qualifies for the child tax
credit (CTC)?