H&R Block Test Sample Questions with Complete Solutions

H&R Block Test Sample Questions with Complete Solutions Which of the following is an example of a casualty and/or theft loss? Termite damage Misplaced property Damage or loss from a terrorist attack Property broken through ordinary use Damage or loss from a terrorist attack The Saver's Credit may be claimed by eligible taxpayers who make a contribution to a qualified retirement fund. Which one of these savings vehicles do NOT qualify for the Saver's Credit? A mutual fund in a 401K account. A mutual fund in a Roth IRA. A nonrestricted saving's account. A money market account in a traditional IRA A nonrestricted saving's account. Which of the following IS a rule for determining whether an individual is a qualifying child? Gross income Dependency Member of household Relationship Relationship