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VITA BASIC |ACTUAL QUESTIONS AND VERIFIED ANSWERS |LATEST 2026/2027 UPDATE|GRADED A+

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VITA BASIC |ACTUAL QUESTIONS AND VERIFIED ANSWERS |LATEST 2026/2027 UPDATE|GRADED A+

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|LATEST 2026/2027 UPDATE|GRADED A+


Question 1

Calvin has qualifying health insurance coverage (also known as minimum essential
coverage) as defined under the Affordable Care Act.

CORRECT ANSWER

True




Question 2

Calvin and Betty may need to make a shared responsibility payment on their joint return if
they don't qualify for an exemption.

CORRECT ANSWER

True




Question 3

Who can claim the American opportunity credit?
CORRECT ANSWER

Dana can claim the credit because Tom is her dependent.




Question 4

Dana's most advantageous allowable filing status is:

CORRECT ANSWER

Head of Household



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@THE STUDY VAULT

, Question 5

Who can Bob claim as a qualifying child(ren) for the earned income credit?

CORRECT ANSWER

Bob can claim Sara, but not Joan.




Question 6

Who can claim Sara as a dependent?

CORRECT ANSWER

Joan can claim Sara because she is Sara's mother. (Wrong)




Question 7

Will may claim R.J. as a dependent on his tax return.

CORRECT ANSWER

True




Question 8

Is Will able to claim R.J. as a qualifying child for the earned income credit (EIC)?
CORRECT ANSWER

No, because Will has an ITIN.




Question 9


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