Intuit Academy Tax Level 1 Exam Learning Objectives
Personal Information and Dependents
Filing Status and Residency
• Understand the five filing statuses: Single, Married Filing Jointly, Married Filing
Separately, Head of Household, and Qualifying Widow(er).
• Assess customer information to recommend the most beneficial filing status
based on marital status and dependents.
• Determine residency status (resident alien, non-resident alien) based on the
substantial presence test and green card test.
Identifying Dependents
• Define qualifying child and qualifying relative criteria for dependents.
• Explain the significance of dependents in tax calculations, including exemptions
and credits.
• Discuss the implications of claiming dependents on tax returns, including
potential tax benefits.
Filing Requirements
• Identify scenarios where filing a tax return is required versus recommended,
based on income thresholds and filing status.
• Discuss exceptions to filing requirements, such as self-employment income or
special circumstances.
Gross Income: Wages & Retirement Distributions
Understanding W-2 Forms
• Identify and interpret the various boxes on a W-2 form, including wages, tips, and
other compensation.
• Discuss the importance of accurate W-2 reporting for tax calculations and
potential penalties for errors.
Personal Information and Dependents
Filing Status and Residency
• Understand the five filing statuses: Single, Married Filing Jointly, Married Filing
Separately, Head of Household, and Qualifying Widow(er).
• Assess customer information to recommend the most beneficial filing status
based on marital status and dependents.
• Determine residency status (resident alien, non-resident alien) based on the
substantial presence test and green card test.
Identifying Dependents
• Define qualifying child and qualifying relative criteria for dependents.
• Explain the significance of dependents in tax calculations, including exemptions
and credits.
• Discuss the implications of claiming dependents on tax returns, including
potential tax benefits.
Filing Requirements
• Identify scenarios where filing a tax return is required versus recommended,
based on income thresholds and filing status.
• Discuss exceptions to filing requirements, such as self-employment income or
special circumstances.
Gross Income: Wages & Retirement Distributions
Understanding W-2 Forms
• Identify and interpret the various boxes on a W-2 form, including wages, tips, and
other compensation.
• Discuss the importance of accurate W-2 reporting for tax calculations and
potential penalties for errors.
