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