VITA Basic Course Scenarios and Test
Questions
Ava can not declare her son for the earned income credit because he did now not stay along
with her for extra than half of the 12 months and does not meet the residency check. -
ANS-FALSE, attendance at faculty is taken into consideration transient absence and this
time is counted as time that her infant lived together with her.
David is Ava's qualifying person for which of the subsequent? (choose all that apply) -
ANS--Head of Household submitting reputation
-Credit for different dependents
-Education credit score
Emily is eligible to assert the kid tax credit score on her 2018 tax go back. - ANS-TRUE
Emily is difficulty to the ten% additional tax from her 401(k) distribution. - ANS-TRUE
How a great deal of Martha and Jacob's Social Security is taxable - ANS-$7,169
Jacob and Martha can claim $2,000 of qualified schooling costs to calculate Daniel's
American credit. - ANS-TRUE
Jeff may also need to make a shared responsibility fee - ANS-FALSE
Linda does now not need to make a shared obligation fee due to the fact she qualifies for an
exemption under the short coverage gap standards - ANS-TRUE
What moves must George and Helen take to save you having a stability due next year? -
ANS-Both A & B (THEY SHOULD USE THE WITHHOLDING CALCULATOR, THEY
SHOULD ADJUST THEIR FORM W-4 TO INCREASE WITHHOLDING)
What shape have to be used to break up Jacob and Martha's refund? - ANS-Form 8888,
Allocation of Refund (Including Savings Bond Purchases)
What is the quantity of Ellen's Standard deduction? - ANS-$18,000
What is the quantity of playing winnings claimed on Jacob's and Martha's 2018 tax return? -
ANS-$2,000
What is the entire credit score quantity proven on Form 2441, Child and Dependent Care
Expenses? - ANS-$660
Which credit can Christopher and Amanda claim on their tax go back? - ANS-Both A & B
(CHILD AND DEPENDENT CARE CREDIT, CHILD TAX CREDIT)
Which of the following items are protected within the general bills on Jacob and Martha's tax
return? - ANS-ALL OF THE ABOVE (federal profits tax withheld from Forms W-2 and 1099,
$four hundred implemented from 2017 go back, Refundable credit)
Who can declare Mark and Kevin as qualifying kids for earned income credit? - ANS-Mathew
Questions
Ava can not declare her son for the earned income credit because he did now not stay along
with her for extra than half of the 12 months and does not meet the residency check. -
ANS-FALSE, attendance at faculty is taken into consideration transient absence and this
time is counted as time that her infant lived together with her.
David is Ava's qualifying person for which of the subsequent? (choose all that apply) -
ANS--Head of Household submitting reputation
-Credit for different dependents
-Education credit score
Emily is eligible to assert the kid tax credit score on her 2018 tax go back. - ANS-TRUE
Emily is difficulty to the ten% additional tax from her 401(k) distribution. - ANS-TRUE
How a great deal of Martha and Jacob's Social Security is taxable - ANS-$7,169
Jacob and Martha can claim $2,000 of qualified schooling costs to calculate Daniel's
American credit. - ANS-TRUE
Jeff may also need to make a shared responsibility fee - ANS-FALSE
Linda does now not need to make a shared obligation fee due to the fact she qualifies for an
exemption under the short coverage gap standards - ANS-TRUE
What moves must George and Helen take to save you having a stability due next year? -
ANS-Both A & B (THEY SHOULD USE THE WITHHOLDING CALCULATOR, THEY
SHOULD ADJUST THEIR FORM W-4 TO INCREASE WITHHOLDING)
What shape have to be used to break up Jacob and Martha's refund? - ANS-Form 8888,
Allocation of Refund (Including Savings Bond Purchases)
What is the quantity of Ellen's Standard deduction? - ANS-$18,000
What is the quantity of playing winnings claimed on Jacob's and Martha's 2018 tax return? -
ANS-$2,000
What is the entire credit score quantity proven on Form 2441, Child and Dependent Care
Expenses? - ANS-$660
Which credit can Christopher and Amanda claim on their tax go back? - ANS-Both A & B
(CHILD AND DEPENDENT CARE CREDIT, CHILD TAX CREDIT)
Which of the following items are protected within the general bills on Jacob and Martha's tax
return? - ANS-ALL OF THE ABOVE (federal profits tax withheld from Forms W-2 and 1099,
$four hundred implemented from 2017 go back, Refundable credit)
Who can declare Mark and Kevin as qualifying kids for earned income credit? - ANS-Mathew
