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VITA 2023 Advanced Test QUESTION AND ANSWER GRADED A+ ACTUAL QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES VERIFIED ANSWERS ALREADY GRADED A+

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VITA 2023 Advanced Test QUESTION AND ANSWER GRADED A+ ACTUAL QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES VERIFIED ANSWERS ALREADY GRADED A+ Head of Household - CORRECT ANSWER-1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 tax return? False - CORRECT ANSWER-2. Karen's Economic Impact Payment (EIP3) must be included in her total income. $300 - CORRECT ANSWER-3. What amount may Karen deduct as a charitable contribution when filing her 2021 tax return? $6,600 - CORRECT ANSWER-4. What is the maximum amount Paul and Maggie are eligible to claim for the child tax credit? $3,500 - CORRECT ANSWER-5. How much of the child care expenses can be used to claim the child and dependent care credit? All the above - CORRECT ANSWER-6. Form 8889, Part 1 is used to report HSA contributions made by _______________. 1000 - CORRECT ANSWER-7. Carol is eligible to contribute an additional $________ to her HSA because she is age 55 or older.

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VITA 2023 Advanced Test
QUESTION AND ANSWER GRADED
A+ 2023-2024 ACTUAL QUESTIONS
AND CORRECT DETAILED ANSWERS
WITH RATIONALES VERIFIED
ANSWERS ALREADY GRADED A+

, Head of Household - CORRECT ANSWER-1. What is the most
beneficial filing status that Karen is eligible to claim on her 2021
tax
return?


False - CORRECT ANSWER-2. Karen's Economic Impact Payment
(EIP3) must be included in her total income.


$300 - CORRECT ANSWER-3. What amount may Karen deduct as
a charitable contribution when filing her 2021
tax return?


$6,600 - CORRECT ANSWER-4. What is the maximum amount
Paul and Maggie are eligible to claim for the child tax
credit?


$3,500 - CORRECT ANSWER-5. How much of the child care
expenses can be used to claim the child and dependent
care credit?


All the above - CORRECT ANSWER-6. Form 8889, Part 1 is used
to report HSA contributions made by _______________.


1000 - CORRECT ANSWER-7. Carol is eligible to contribute an
additional $________ to her HSA because she is age 55 or older.

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Uploaded on
February 28, 2024
Number of pages
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Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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