VITA Basic Exam Questions and Answers

VITA Basic Exam Questions and Answers 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