H & R Block Study quiz questions with complete solutions

Which of the following dependent relatives does not have to live in the same household with the taxpayer at any time during the year to qualify the taxpayer for head of household status? Aunt,mother,brother, married child? - ️️Mother Ronald and Sue Dobbins, a married couple, were both 61 years old when Ronald died on January 1, 2017. Sue did not remarry. How many personal exemptions may Sue claim when filing her joint 2017 return? - ️️2 Jennifer Searcy, a single mother, has three children, Sydney (7), Patrick (11), and JoAnna (17). Jennifer's AGI is $62,000, and her tax liability is $4,804. All three children are Jennifer's qualifying child dependents. How much is Jennifer's Child Tax Credit? - ️️2000 Which of the following income items is not subject to income tax on the federal return? Birthday gift,bank interset,ailmony,income from illegal activty - ️️Birthday gift Taxpayers who receive interest exceeding $1,500 must file: - ️️Schedule B The taxpayer must file Form 1040 to claim which of the following deductions? - ️️Schedule A Taxpayers whose only capital gain income is normal capital gain distributions from mutual funds generally compute their tax using: - ️️The Qual Div and Cap gain Tax Worksheet Failure to the meet the 2017 due diligence requirements for EITC, AOTC, and CTC/ACTC claimed on one return could result in which of the following? - ️️Maximum penalty of $1,530, per return, assessed towards the paid tax preparer.