Intuit Practice Exam questions with actual solutions

Intuit kkPractice kkExam
Study kkonline kkat
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1.Taxpayer kkA kkand kkTaxpayer kkB kkmet kkin kkearly kkDecember kkthrough kkan
kkonline kkapp kkand kkdecided kkto kkget kkmarried kkon kkDecember kk31, kk2021.What

kkis kkan kkacceptable kkfiling kkstatus?: kkYes/True. kkMarried kkFiling kkJointly

kkYes/True. kkMarried kkFiling kkSeparately

2.A kktaxpayer kkneeds kkassistance kkin kkdetermining kktheir kkresidency kkstatus
kkfor kkthe kkcurrent kkyear kkThe kktaxpayer kkis kknot kka kkU.S. kkcitizen kkbut kkis kktreated

kkas kka kkresident kkalien kkfor kktax kkpurposes. kkIs kkthis kkstatement kktrue?:

kkYes/True. kkSince kkthe kktaxpayer kkmet kkthe kksubstantial kkpresence kktest,

kkthey kkwould kkbe kkconsidered kka kkresident kkfor kkthe kkcurrent kkyear.

kkYes/True. kkSince kkthe kktaxpayer kkmet kkthe kkgreen kkcard kktest, kkthey

kkwould kkbe kkconsidered kka kkresident kkfor kkthe kkcurrent kkyear.

3.Josephine kkis kka kkCanadian kkcitizen kkand kkresident. kkShe kkis kknot kka kkUS
kkcitizen, kkbut kkwas kkphysically kkpresent kkin kkthe kkUSA kkfor kk170 kkdays kkin

kkthe kkcurrent kkyear. kkShe kkwas kkin kkthe kkUSA kkfor kk30 kkdays kkand kk60 kkdays

kkin kkeach kkof kkthe kkprevious kktwo kkyears. kkWill kkJosephine kkbe kkconsidered kka

kkcitizen kkor kkresident kkof kkthe kkUSA kkwhen kkapplying kkthe kksubstantial

kkpresence kktest kkin kkthe kkcurrent kkyear?: kkYes/True. kkShe kkwill kkqualify kkas

kkshe kkmeets kkthe kksubstantial kkpresence kktest kkwith kk190 kkdays kkwhen

kkapplying kkthe kkformula.

4.Is kkthis kka kktest kkthat kkindividual kkmust kksatisfy kkto kkbe kkconsidered kka
kkqualifying kkchild kkof kka kktaxpayer?: kkYes/True. kkRelationship kktest

kkYes/True. kkSupport kktest

5.In kkthe kkfollowing kkscenario, kkis kkForm kk1040 kkrequired kkto kkbe kkfiled kkfor
kk2022?: kk- kkYes/True. kkTaxpayer kkis kksingle, kkhas kkincome kkof kk$6,000 kkand

kk$300 kkof kkfederal kkincome kktaxes kkwithheld. kkThey kkwant kkto kkclaim kkthe

kkrefund.

Yes/True. kkTaxpayer kkis kkmarried kkfiling kkjointly. kkTaxpayer kkhas kk$80,000 kkin
kkearned kkincome kkand kkspouse kkhas kknet kkprofits kkof kk$40,000 kkfrom kkthei

kksole kkproprietorship.

6.Is kkthe kkfollowing kkstatement kkcorrect kkabout kkForm kkW-2?: kkYes/True. kkBox
kk1 kkprovides kkthe kktotal kkof kkhow kkmuch kkyou kkwere kkpaid kkin kkwages,

kktips, kkand kkother kkcompensation.

7.Is kkthe kkfollowing kkstatement kkcorrect kkwhen kkcalculating kkthe kkindividual
kkfederal kkincome kktax kkformula?: kkYes/True. kkTaxpayers kksubtract kkAbove

kkLine kkDeductions kkfrom kkGross kkIncome kkto kkdetermine kkAdjusted kkGross

kkIncome. kkYes/True. kkTaxpayers kksubtract kkQualified kkBusiness kkIncome

kkfrom kkAdjusted kkGross kkIncome kkto kkdetermine kkTaxable kkIncome.

8.Taxpayer kkA kkis kka kkstudent kkathlete kkin kkhigh kkschool. kkThey kkare kkbeing
1
kk/

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Study kkonline kkat
kkrecruited kkby kkcolleges kkto kkplay kksoccer kkat kka kkDivision kkI kkschool kkand kkare
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kkpopular kkon kkseveral kksocial kkmedia kkplatforms. kkTaxpayer kkA kkprovides
kksocial kkmedia kkadvertisements kkfor kkseveral kkbusinesses kkin kkthe kklocal kkarea.

kkBelow kkis kkadditional kkinformation kkfor kktheir kkcurrent kkyear. kk*Taken kkas kka

kkdependent kkon kktheir kkparent's kktax kkreturn

*Earned kkincome kkof kk$7,500 kkfor kksocial kkmedia kkadvertisements kkfor kklocal
kkcar kkdeal- kkership, kkrestaurant, kkauto kkbody kkshop kkand kkhair kksalon

*Has kk$1,000 kkof kkbusiness kkexpenses kkrelated kkto kkthe kksocial kkmedia
kkadvertisements kkIs kkthe kkfollowing kktrue kkabout kkthis kkscenario?: kkYes/True.

kkThe kktaxpayer kkwill kkneed kkto kkfile




2
kk/