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VITA 2024 Advanced Exam Latest Update 100% accurate

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VITA 2024 Advanced Exam Latest Up1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 taxreturn? - ANSWER Head of Household 2. Karen's Economic Impact Payment (EIP3) must be included in her total income. - ANSWER False 3. What amount may Karen deduct as a charitable contribution when filing her 2021tax return? - ANSWER 300 4. What is the maximum amount Paul and Maggie are eligible to claim for the child taxcredit? - ANSWER 6600 5. How much of the child care expenses can be used to claim the child and dependent care credit? - ANSWER 3500 6. Form 8889, Part 1 is used to report HSA contributions made by _______________. - ANSWER 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. - ANSWER 1000 date 100% accurate

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