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H&R Block Comprehensive Questions And Answers Latest upload 2024/2025 with 100% verified Solutions

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H&R Block Comprehensive Questions And Answers Latest upload 2024/2025 with 100% verified Solutions

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October 15, 2024
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H&R Block Comprehensive Questions
And Answers Latest upload 2024/2025 with 100% verified
Solutions

If the taxpayer is considered married on the last day of the year, the taxpayer may file as? - ANSWER-1.
Married filing join

2. Married filing separate



When is a nondependent taxpayer required to file a tax return? - ANSWER-Generally, the nondependent
taxpayer would be required to file a tax return when their gross income is equal to or greater than the
sum of the taxpayer's standard deduction and personal exemption amount.



If a person is filing married filing separately, when are they required to file a tax return? - ANSWER-
When their gross income equals or exceeds the personal exemption amount ($3950 for 2014).



Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased standard
deduction. - ANSWER-$1550 (per condition)



Taxpayers filing as head of household who are 65 or older and/or blind are entitled to what increased
standard deduction. - ANSWER-$1550 (per condition)



Taxpayers filing as married who are 65 or older and/or blind are entitled to what increased standard
deduction. - ANSWER-$1200 (per condition)



Taxpayers filing as qualifying widow who are 65 or older and/or blind are entitled to what increased
standard deduction. - ANSWER-$1200 (per condition)



When may a taxpayer filing married but separate claim a spouse's personal exemption? - ANSWER-
When the spouse:

1. has no gross income

2. is not filing a return

, 3. is not a dependent of another person



When may a taxpayer with a nonresident alien spouse claim the spouse's personal exemption? -
ANSWER-When the spouse:

1. has no gross income

2. is not filing a return

3. is not a dependent of another person



How do you determine if a dependent taxpayer is required to file? - ANSWER-1. Is their unearned
income greater than $1000? If so, they must file.

2. Does their earned income exceed a specific threshold amount based on their marital status, age, or
blind? If so, then they must file.

3. Is their spouse filing MFS and itemizing deductions?

AND

Does the dependent taxpayer have at least $5 of gross income? If so, then they must file.

4. Does their gross income exceed a specific threshold amount based on their marital status, age, or
blind? If so, then they must file.



When a married taxpayer wishes to file a MFS return and their spouse itemizes deductions on their
return, what should the taxpayer do? - ANSWER-The taxpayer should itemize deductions on their return
as well because their standard deduction is reduced to $0.



Is blindness a determining factor for gross income filing requirements for nondependents? - ANSWER-
NO



Is blindness a determining factor for gross income filing requirements for dependents? - ANSWER-Yes



When can a parent elect to include their child's income on their tax return? - ANSWER-IF:

1. the child in under the age of 19 or under the age of 24 and a full time student at the end of the tax
year.

2. the child had income from only from interest and dividends

3. The child's gross income was less than $10,000

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