VITA Basic Exam Well Answered

What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? -Answer Head of Household Joe can claim a higher standard deduction because he is blind. -Answer True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. -Answer false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxreturn. -Answer false Which of the Reynolds children qualifies for the child tax credit (CTC)? -Answer Laura and Timothy Archie and Tina will not itemize deductions but can deduct the full amount of theircharitable contribution. -Answer false The Brooks qualify for the Credit for Other Dependents. -Answer True The Brooks qualify for the Earned Income Tax Credit. -Answer false Alan cannot claim the Earned Income Tax Credit because his age is more than theage limit. -Answer False . Alan must take a required minimum distribution in 2021. -Answer false Bobbie can exclude his unemployment compensation on his 2021 tax return. -Answer False Bobbie is eligible for the following credit: -Answer American Opportunity Credit Lifetime learning credit earned income credit ??? Bobbie can claim the student loan interest deduction on his tax return. -Answer true false Fred and Wilma Jones can claim the Credit for Other Dependents. -Answer True What is the total amount of federal income tax withholding shown on theJones' Form(s) W-2 and 1099? -Answer $6100 5200 2700 ????