HR BLOCK FINAL TEST (INCOME TAX 2025) ACTUAL EXAM WITH
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
A tax returner or claim for refund requiring a paid tax return preparer to determine
eligibilityfor EITC,
CTC/ODC/ ACTC, AOTC, and theheadof householdfilling statusmay be subject to a maximum
penalty, totaling what amount for failure to meetdiligence
due requirements if all four are claimed on a
single tax return?- ANSWER - a,$2,120
thedeductionfor stateand local incometaxesis limitedto whatamount?- ANSWER -a.
$10,000($5,000if MFS).
A marriedcouplewho materiallyparticipatein theoperationof a jointly ownedbusinessmay elect for
each spouse to file their own Schedule C, with each reportingrespective
their amountsof income,loss,
and deductions.This known as what?- ANSWER -
C. A qualifiedjoint venture
Stock ownedby an individual wouldbe classifiedas whattypeof property?- ANSWER -
a. Intangiblepersonal,investment-useproperty
Which of thefollowingis not deductibleon ScheduleA? - ANSWER -C. Federaltaxeswithheld.
Which of thefollowingtypesof propertymay be depreciated?- ANSWER -d. a copierpurchased by a tax
preparation office.
a taxpayerwho activelyparticipatesin a rentalrealestateactivitymay,in many cases,deduct up to
what amount of rental losses against any other kind of income?- ANSWER -a. 25,000
A soleproprietorwho computesself-employmenttax shouldbe filling whatform? - ANSWER -b.
Schedule SE.
An employeetellstheiremployerhow much incometax to witholdfrom theirtaxablewages by
completing what form?- ANSWER -C. Form W-4.
The IRS may assesspenaltieson taxpayersfor which of thefolllowing?- ANSWER -d. All of the Above
Which of thefollowingbestdescribesgrossincome?- ANSWER -a. all incomefrom whatever source
derived, unless excluded from taxation by law
Which of the following best describes earned income?
- ANSWER -c. Income receivedfor services,
performed,including wages,commissions,tips, and generally,farmingand other business income.
, HR BLOCK FINAL TEST (INCOME TAX 2025) ACTUAL EXAM WITH
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
Which of the following taxpayers is not required to file a federal
return
tax for 2019?- ANSWER -d.
Ron (66) and sue(64) havegrossincomeof $ 25,250.theywish to file a joint return
In 2019,Jennfier's(27) brother,jim (18), herfianceeSteve(29)and her daughter,Kim
(5) lived with her for the entire year. Jennfier's AGI is $27,800, Jim's AGI is $5,050,
SteveAGI is $4,0050,
and Kim had no icome.Jim and Kim did not provideover50% of steve's support. Jennifer quailties and
files as head of household in 2019. How many qualifying dependents can jennfier claim on her return?
-
ANSWER -c. Three
Which of thefollowingitemsis includedin federalgrossincome?- ANSWER -d. Unemployment
compensation.
Which of thefollowingitemsis not includedin federalgrossincome?- ANSWER -B. Federal income tax
refunds
Which of the following taxpayers is not required to file a federal income tax return
2019?
for-
ANSWER -b. Elizabeth(68) has grossincomeof $12,250.sheis singleand has no dependents
Mike is singleand has a taxableincomeof $17,405.His amountof tax from the2019Tax tables is-
ANSWER -c. $1,897.
Adrian is marriedfiling separatly,and has a taxableincomeof $26,100.His amountof tax from the 2019
tax tables is- ANSWER -c. $2,941.
Which of thefollowingis not oneof thefive quailfyingchild testsa taxpayermust meettheir child to be
considered their dependent?- ANSWER -a. Gross income test.
Marissa and lucius were married 18 years ago. They had one child, Matthew luciuis
(13.) pased away in
2015. Marissa did not remary. Marissa and mathhew lived
togetherall yearlong, and no oneelselived
with them.Matthewhad no incomein 2019.Marissapaid 100%of thecostof themaintainingtheir
home.What is themostbenefical2019 filing status for Marissa?
- ANSWER -a. Head of household.
Brian had dividenedincomereportedon Form 1099-DIV. Brian wouldbe requiredto file a form 1040,
scheduleB, when his dividened income exceeds of which offollowing
the households?- ANSWER -b.
$1,500.
Which of the following taxpayers is not required does not quailfy to deduct qualified
educator
expenses?- ANSWER -C. Gaylene is a high school substitute teacher inlocal
her schooldistrict.She
worked1,040hours in 2019.She speny$590homeschooling,her fifth- gradedaughterjodie.She spent
$230on suppliesusedin variousclassrooms.she reimbursed for the supplies.
, HR BLOCK FINAL TEST (INCOME TAX 2025) ACTUAL EXAM WITH
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
What is themaximumdeductionallowedfor quailifedstudentloan interest?- ANSWER -
b. $2,500.
Which of thefollowingexpensesquailifiesfor an educationcreditin 2019?- ANSWER -
a. tutitionpayments?,thetaxpayerdidn'treceivescholarships,grants,or othernontaxable
benefiets
Which of the following taxpayers is not able to claim the Child and DependentCredit?
Care -
ANSWER -c. Sidenyand StellaAndersonhavea dependentdaughter,Andera
(8). Sidenyworksfull-time,and Stellais extensivelyinvolvedin charitywork.They paid the Daily Child
Care Center to take care of Andrea while Stella volunterred for various
charitable organizations.
What is themaximumamountof theAmericaOpportunityTax Credit a taxpayercould receive?-
ANSWER -d. $2,500
The Child and theDependentCare Credit? - ANSWER -d. Nevercompletelyphasesout.
What is themaximumamountof thelifetimelearningcredit?- ANSWER -C. $2,000per return
Nakita wasborn in 1957.Basedon her yearof birth,whenwouldNakita reachfull retirementagefor
socialsecuritybenefits?- ANSWER -d. 66 yearsand 6 months.
Which of thefollowingis not a percentageof socialsecuritybenefitssubjectto federaltax up to:-
ANSWER -d. 100%
whena taxpayerreceivesForm 1099-R with no amountenteredbox 2a and code7 entered in box 7,
the entire distrubtion:
- ANSWER -a. Could be taxable.
if a taxpayer rents a portion of their personal residence, can they deduct mortgage
interestas ar
expenseon ScheduleE? - ANSWER -therentalportionof this expensecan be deducted
A taxpayerwho receivesincomefrom a partnershipwill receive:- ANSWER -c. Schedule K-1
An activeparticipantwith modifiedAGI belowthelimit may deductrentallossesup to: - ANSWER -b.
25,000
The fact that an employee is having taxes withheld from their paycheck doesguarantee
not thattax
liability will be covered.whatfactorcould causean employeeto havea withholding shortfall a the end of
the year?- ANSWER -Additional income is earned from self-employmeny
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
A tax returner or claim for refund requiring a paid tax return preparer to determine
eligibilityfor EITC,
CTC/ODC/ ACTC, AOTC, and theheadof householdfilling statusmay be subject to a maximum
penalty, totaling what amount for failure to meetdiligence
due requirements if all four are claimed on a
single tax return?- ANSWER - a,$2,120
thedeductionfor stateand local incometaxesis limitedto whatamount?- ANSWER -a.
$10,000($5,000if MFS).
A marriedcouplewho materiallyparticipatein theoperationof a jointly ownedbusinessmay elect for
each spouse to file their own Schedule C, with each reportingrespective
their amountsof income,loss,
and deductions.This known as what?- ANSWER -
C. A qualifiedjoint venture
Stock ownedby an individual wouldbe classifiedas whattypeof property?- ANSWER -
a. Intangiblepersonal,investment-useproperty
Which of thefollowingis not deductibleon ScheduleA? - ANSWER -C. Federaltaxeswithheld.
Which of thefollowingtypesof propertymay be depreciated?- ANSWER -d. a copierpurchased by a tax
preparation office.
a taxpayerwho activelyparticipatesin a rentalrealestateactivitymay,in many cases,deduct up to
what amount of rental losses against any other kind of income?- ANSWER -a. 25,000
A soleproprietorwho computesself-employmenttax shouldbe filling whatform? - ANSWER -b.
Schedule SE.
An employeetellstheiremployerhow much incometax to witholdfrom theirtaxablewages by
completing what form?- ANSWER -C. Form W-4.
The IRS may assesspenaltieson taxpayersfor which of thefolllowing?- ANSWER -d. All of the Above
Which of thefollowingbestdescribesgrossincome?- ANSWER -a. all incomefrom whatever source
derived, unless excluded from taxation by law
Which of the following best describes earned income?
- ANSWER -c. Income receivedfor services,
performed,including wages,commissions,tips, and generally,farmingand other business income.
, HR BLOCK FINAL TEST (INCOME TAX 2025) ACTUAL EXAM WITH
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
Which of the following taxpayers is not required to file a federal
return
tax for 2019?- ANSWER -d.
Ron (66) and sue(64) havegrossincomeof $ 25,250.theywish to file a joint return
In 2019,Jennfier's(27) brother,jim (18), herfianceeSteve(29)and her daughter,Kim
(5) lived with her for the entire year. Jennfier's AGI is $27,800, Jim's AGI is $5,050,
SteveAGI is $4,0050,
and Kim had no icome.Jim and Kim did not provideover50% of steve's support. Jennifer quailties and
files as head of household in 2019. How many qualifying dependents can jennfier claim on her return?
-
ANSWER -c. Three
Which of thefollowingitemsis includedin federalgrossincome?- ANSWER -d. Unemployment
compensation.
Which of thefollowingitemsis not includedin federalgrossincome?- ANSWER -B. Federal income tax
refunds
Which of the following taxpayers is not required to file a federal income tax return
2019?
for-
ANSWER -b. Elizabeth(68) has grossincomeof $12,250.sheis singleand has no dependents
Mike is singleand has a taxableincomeof $17,405.His amountof tax from the2019Tax tables is-
ANSWER -c. $1,897.
Adrian is marriedfiling separatly,and has a taxableincomeof $26,100.His amountof tax from the 2019
tax tables is- ANSWER -c. $2,941.
Which of thefollowingis not oneof thefive quailfyingchild testsa taxpayermust meettheir child to be
considered their dependent?- ANSWER -a. Gross income test.
Marissa and lucius were married 18 years ago. They had one child, Matthew luciuis
(13.) pased away in
2015. Marissa did not remary. Marissa and mathhew lived
togetherall yearlong, and no oneelselived
with them.Matthewhad no incomein 2019.Marissapaid 100%of thecostof themaintainingtheir
home.What is themostbenefical2019 filing status for Marissa?
- ANSWER -a. Head of household.
Brian had dividenedincomereportedon Form 1099-DIV. Brian wouldbe requiredto file a form 1040,
scheduleB, when his dividened income exceeds of which offollowing
the households?- ANSWER -b.
$1,500.
Which of the following taxpayers is not required does not quailfy to deduct qualified
educator
expenses?- ANSWER -C. Gaylene is a high school substitute teacher inlocal
her schooldistrict.She
worked1,040hours in 2019.She speny$590homeschooling,her fifth- gradedaughterjodie.She spent
$230on suppliesusedin variousclassrooms.she reimbursed for the supplies.
, HR BLOCK FINAL TEST (INCOME TAX 2025) ACTUAL EXAM WITH
OVER 200
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES ALREADY GRADED A+
What is themaximumdeductionallowedfor quailifedstudentloan interest?- ANSWER -
b. $2,500.
Which of thefollowingexpensesquailifiesfor an educationcreditin 2019?- ANSWER -
a. tutitionpayments?,thetaxpayerdidn'treceivescholarships,grants,or othernontaxable
benefiets
Which of the following taxpayers is not able to claim the Child and DependentCredit?
Care -
ANSWER -c. Sidenyand StellaAndersonhavea dependentdaughter,Andera
(8). Sidenyworksfull-time,and Stellais extensivelyinvolvedin charitywork.They paid the Daily Child
Care Center to take care of Andrea while Stella volunterred for various
charitable organizations.
What is themaximumamountof theAmericaOpportunityTax Credit a taxpayercould receive?-
ANSWER -d. $2,500
The Child and theDependentCare Credit? - ANSWER -d. Nevercompletelyphasesout.
What is themaximumamountof thelifetimelearningcredit?- ANSWER -C. $2,000per return
Nakita wasborn in 1957.Basedon her yearof birth,whenwouldNakita reachfull retirementagefor
socialsecuritybenefits?- ANSWER -d. 66 yearsand 6 months.
Which of thefollowingis not a percentageof socialsecuritybenefitssubjectto federaltax up to:-
ANSWER -d. 100%
whena taxpayerreceivesForm 1099-R with no amountenteredbox 2a and code7 entered in box 7,
the entire distrubtion:
- ANSWER -a. Could be taxable.
if a taxpayer rents a portion of their personal residence, can they deduct mortgage
interestas ar
expenseon ScheduleE? - ANSWER -therentalportionof this expensecan be deducted
A taxpayerwho receivesincomefrom a partnershipwill receive:- ANSWER -c. Schedule K-1
An activeparticipantwith modifiedAGI belowthelimit may deductrentallossesup to: - ANSWER -b.
25,000
The fact that an employee is having taxes withheld from their paycheck doesguarantee
not thattax
liability will be covered.whatfactorcould causean employeeto havea withholding shortfall a the end of
the year?- ANSWER -Additional income is earned from self-employmeny
