CA HRB Tax Course Quiz Questions and
Complete Solutions Graded A+
a.) All income from whatever source derived, unless excluded from taxation by law. - Answer: Which of
the following best describes gross income?
a.) All income from whatever source derived, unless excluded from taxation by law.
b.) Gross income less reductions allowable, regardless of whether personal deductions are itemized.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income.
d.) Income that is not earned, including money received for the investment of money or other property,
such as interest, dividends, rents, and royalties. It also includes pensions, alimony, unemployment
compensation, and other income that is not from performing services.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income. - Answer: Which of the following best describes earned income?
a.) All income from whatever source derived, unless excluded from taxation by law.
b.) Gross income less reductions allowable, regardless of whether personal deductions are itemized.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income.
, d.) Income that is not earned, including money received for the investment of money or other property,
such as interest, dividends, rents, and royalties. It also includes pensions, alimony, unemployment
compensation, and other income that is not from performing services.
d.) Ron (66) and Sue (64) have a gross income of $21,050. They wish to file a joint return - Answer:
Which of the following taxpayers is NOT required to file a federal tax return for 2016?
a.) William (27) has a gross income of $13,450. He will file as head of household with one dependent.
b.) Jane (66) has a gross income of $12,150. She is single and has no dependents.
c.) Mike (35) and Janet (35) have a gross income of $20,780. They wish to file a joint return.
d.) Ron (66) and Sue (64) have a gross income of $21,050. They wish to file a joint return.
c.) Three exemptions. - Answer: In 2016, Jennifer's (27) brother, Jim (18), her fiancee, Steve (29), and her
daughter, Kim (5), lived with her for the entire year. Jennifer's AGI is $27,750, Jim's AGI is $5,000, Steve's
AGI is $4,050, and Kim had no income. Jim, Steve, and Kim did not provide over 50% of their own
support. Jennifer qualifies and files as head of household in 2016. How many exemptions can Jennifer
claim on her return?
a.) One exemption.
b.) Two exemptions.
c.) Three exemptions.
e.) Four exemptions.
Complete Solutions Graded A+
a.) All income from whatever source derived, unless excluded from taxation by law. - Answer: Which of
the following best describes gross income?
a.) All income from whatever source derived, unless excluded from taxation by law.
b.) Gross income less reductions allowable, regardless of whether personal deductions are itemized.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income.
d.) Income that is not earned, including money received for the investment of money or other property,
such as interest, dividends, rents, and royalties. It also includes pensions, alimony, unemployment
compensation, and other income that is not from performing services.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income. - Answer: Which of the following best describes earned income?
a.) All income from whatever source derived, unless excluded from taxation by law.
b.) Gross income less reductions allowable, regardless of whether personal deductions are itemized.
c.) Income received for services performed, including wages, commissions, tips, and, generally, farming
and other business income.
, d.) Income that is not earned, including money received for the investment of money or other property,
such as interest, dividends, rents, and royalties. It also includes pensions, alimony, unemployment
compensation, and other income that is not from performing services.
d.) Ron (66) and Sue (64) have a gross income of $21,050. They wish to file a joint return - Answer:
Which of the following taxpayers is NOT required to file a federal tax return for 2016?
a.) William (27) has a gross income of $13,450. He will file as head of household with one dependent.
b.) Jane (66) has a gross income of $12,150. She is single and has no dependents.
c.) Mike (35) and Janet (35) have a gross income of $20,780. They wish to file a joint return.
d.) Ron (66) and Sue (64) have a gross income of $21,050. They wish to file a joint return.
c.) Three exemptions. - Answer: In 2016, Jennifer's (27) brother, Jim (18), her fiancee, Steve (29), and her
daughter, Kim (5), lived with her for the entire year. Jennifer's AGI is $27,750, Jim's AGI is $5,000, Steve's
AGI is $4,050, and Kim had no income. Jim, Steve, and Kim did not provide over 50% of their own
support. Jennifer qualifies and files as head of household in 2016. How many exemptions can Jennifer
claim on her return?
a.) One exemption.
b.) Two exemptions.
c.) Three exemptions.
e.) Four exemptions.
