VITA Test Questions and Answers All Correctly Stated (HELPFUL)

VITA Test Questions and Answers All Correctly Stated (HELPFUL) 1. Rebecca's most beneficial allowable filing status is Head of Household. - ANS - false 2. Rebecca has $_______ in qualifying child care expenses for the child and dependent care credit.. - ANS - 2500 3. Pat and Terri are only eligible to claim the child tax credit on their 2020 tax return. - ANS - false 4. The taxable amount of Pat's unemployment compensation is $_________? - ANS - 3300 5. Medicaid waiver payments can be considered earned income for the computation of the earned income credit. - ANS - true 6. Andrew's HSA deduction amount on Form 8889, Part I, line 13 is $3,000. - ANS - False 7. The HSA contribution made by Andrew's employer will be shown in Box 12 on his Form W-2 with the following: - ANS - W 8. The over-the-counter allergy medication is a qualified medical expense for HSA purposes. - ANS - true