VITA Basic Test | Questions with 100% Correct Answers | Verified | Updated 2023
Calvin has qualifying health insurance coverage (also known as minimum essential coverage) as defined under the Affordable Care Act. - True Calvin and Betty may need to make a shared responsibility payment on their joint return if they don't qualify for an exemption. - True Who can claim the American opportunity credit? - Dana can claim the credit because Tom is her dependent. Dana's most advantageous allowable filing status is: - Head of Household Who can Bob claim as a qualifying child(ren) for the earned income credit? - Bob can claim Sara, but not Joan. Who can claim Sara as a dependent? - Joan can claim Sara because she is Sara's mother. (Wrong)
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