UPDATED 2024 H&R BLOCK MIDTERM
REVIEW (GUARANTED ANSWERS)
, UPDATED 2024 H&R BLOCK MIDTERM
REVIEW (GUARANTED ANSWERS)
Which of the following is not one of the four requirements to claim a dependent? D - CORRECT
ANSWERSa) The dependent must be a qualifying child or qualifying relative.
b) The dependent must be a U.S. citizen or a resident of the United States, Canada, or Mexico.
c) If the dependent is married, they cannot be claimed as a dependent if they file a joint return with
their spouse.
d) The taxpayer must provide 100% of the dependent's support for the whole year.
Which of the following is unique to Form 1040EZ? D - CORRECT ANSWERSa) It is for single taxpayers
only.
b) It is for taxpayers whose taxable income exceeds $100,000.
c) It is for taxpayers who are not claiming any credits.
d) It is for taxpayers who do not claim any dependents or adjustments to income.
Assuming all other requirements are met, how long may an eligible surviving spouse file as a qualifying
widow(er)? B - CORRECT ANSWERSa) One year.
b) Two years.
c) Three years.
d) Five years.
For 2017, how much is the standard deduction for a single taxpayer? B - CORRECT ANSWERSa) $4,050
b) $6,350
c) $9,350
d) $12,700
For 2017, what is the exemption amount for each qualifying child? C - CORRECT ANSWERSa) $1,000
b) $3,050
c) $4,050
REVIEW (GUARANTED ANSWERS)
, UPDATED 2024 H&R BLOCK MIDTERM
REVIEW (GUARANTED ANSWERS)
Which of the following is not one of the four requirements to claim a dependent? D - CORRECT
ANSWERSa) The dependent must be a qualifying child or qualifying relative.
b) The dependent must be a U.S. citizen or a resident of the United States, Canada, or Mexico.
c) If the dependent is married, they cannot be claimed as a dependent if they file a joint return with
their spouse.
d) The taxpayer must provide 100% of the dependent's support for the whole year.
Which of the following is unique to Form 1040EZ? D - CORRECT ANSWERSa) It is for single taxpayers
only.
b) It is for taxpayers whose taxable income exceeds $100,000.
c) It is for taxpayers who are not claiming any credits.
d) It is for taxpayers who do not claim any dependents or adjustments to income.
Assuming all other requirements are met, how long may an eligible surviving spouse file as a qualifying
widow(er)? B - CORRECT ANSWERSa) One year.
b) Two years.
c) Three years.
d) Five years.
For 2017, how much is the standard deduction for a single taxpayer? B - CORRECT ANSWERSa) $4,050
b) $6,350
c) $9,350
d) $12,700
For 2017, what is the exemption amount for each qualifying child? C - CORRECT ANSWERSa) $1,000
b) $3,050
c) $4,050