VITA 2023 Advanced Exam 2023 with 100% correct answers

1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 taxreturn? Head of Household 2. Karen's Economic Impact Payment (EIP3) must be included in her total income. False 3. What amount may Karen deduct as a charitable contribution when filing her 2021tax return? 300 4. What is the maximum amount Paul and Maggie are eligible to claim for the child taxcredit? 6600 5. How much of the child care expenses can be used to claim the child and dependent care credit? 3500 6. Form 8889, Part 1 is used to report HSA contributions made by _______________. Carol, her employer, and her cousin. All the above 7. Carol is eligible to contribute an additional $________ to her HSA because she is age 55 or older. 1000 8. What is the total unreimbursed qualified medical expenses reported on Form 8889,Part II? 2980, she can't deduct Zumba classes For the purpose of determining dependency, Marie meets the conditions to be the qualifying child of _______________ Both Barb and Jenny