QUESTIONS WITH 100% CORRECT ANSWERS
What is the most advantageous filing status allowable that Joe can claim on his tax return for 2021? -
Head of Household
Joe can claim a higher standard deduction because he is blind. - True
Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because they are too young and
have no qualifying children. - false
Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. - false
Which of the Reynolds children qualifies for the child tax credit (CTC)? - Laura and Timothy
Archie and Tina will not itemize deductions but can deduct the full amount of their charitable
contribution. - false
The Brooks qualify for the Credit for Other Dependents. - True
The Brooks qualify for the Earned Income Tax Credit. - false
Alan cannot claim the Earned Income Tax Credit because his age is more than the age limit. - False
. Alan must take a required minimum distribution in 2021. - false
Bobbie can exclude his unemployment compensation on his 2021 tax return. - False
Bobbie is eligible for the following credit: - American Opportunity Credit
Lifetime learning credit
earned income credit
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