VITA Basic Exam Questions & Answers
VITA Basic Exam Questions & Answers What is the most advantageous filing status allowable that Joe can claim on his tax return for 2021? - ANS - Head of Household Joe can claim a higher standard deduction because he is blind. - ANS - True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because they are too young and have no qualifying children. - ANS - false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. - ANS - false Which of the Reynolds children qualifies for the child tax credit (CTC)? - ANS - Laura and Timothy
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