8/25/25, 8:33 AM
ACCY 561 Taxes and Business Strategy Chapter 2 Quiz 1: Attempt review | Surgent ITS
GRADED 10.00 out of 10.00 (100%) Verified submission quiz 2025
Status Finished
Started Friday, May 9, 2025, 5:26 PM
Completed Friday, May 9, 2025, 5:26 PM
Duration 30 secs
Grade 10.00 out of 10.00 (100%)
Feedback Congratulations!
Question 1
Correct
1.00 points out of 1.00
Elliott and Elena are a married couple with a young son, James. They’ve asked Joshua to prepare their tax return. As part of his
interview process, Joshua requests their Social Security cards. Elliott and Elena have their cards, but they have lost James’ card. They
give Joshua a Social Security number that they think is right to use for their son. What should Joshua do?
Select one:
a. Inform his clients that he must have the Social Security card to complete the return
b. Inform his clients that the Social Security number must Correct. A tax preparer should never file a return without
be verified before completing and filing the return verification of all Social Security numbers and names.
c. Inform his clients that he can prepare the return based on a temporary ITIN for James while they are getting the Social
Security card replaced
d. Use the number they supplied for James since the couple thinks it is the right number
Question 2
Correct
1.00 points out of 1.00
Warren and Sandra are divorced and have two children, Adam and Alex. Sandra was granted custody of both children. As part of
their divorce agreement, Sandra must allow Warren to claim Alex in alternating years. This year will be Warren’s year to claim Alex.
What are the steps that Warren and Sandra should follow?
Select one:
a. Sandra must complete Form 8332 or a substitute Correct. Sandra must complete and sign Form 8332 or a substitute
statement, and Warren must attach it to his tax statement, and Warren must attach this form to his tax return.
return.
b. Warren must complete Form 8332 or a substitute statement and attach it to his return.
c. Warren can claim Alex as a dependent on his return with no additional actions.
, 8/25/25, 8:33 AM
d. Sandra must complete Form 8332 or a substitute statement and attach it to her return.
ACCY 561 Taxes and Business Strategy Chapter 2 Quiz 1: Attempt review | Surgent ITS
GRADED 10.00 out of 10.00 (100%) Verified submission quiz 2025
Status Finished
Started Friday, May 9, 2025, 5:26 PM
Completed Friday, May 9, 2025, 5:26 PM
Duration 30 secs
Grade 10.00 out of 10.00 (100%)
Feedback Congratulations!
Question 1
Correct
1.00 points out of 1.00
Elliott and Elena are a married couple with a young son, James. They’ve asked Joshua to prepare their tax return. As part of his
interview process, Joshua requests their Social Security cards. Elliott and Elena have their cards, but they have lost James’ card. They
give Joshua a Social Security number that they think is right to use for their son. What should Joshua do?
Select one:
a. Inform his clients that he must have the Social Security card to complete the return
b. Inform his clients that the Social Security number must Correct. A tax preparer should never file a return without
be verified before completing and filing the return verification of all Social Security numbers and names.
c. Inform his clients that he can prepare the return based on a temporary ITIN for James while they are getting the Social
Security card replaced
d. Use the number they supplied for James since the couple thinks it is the right number
Question 2
Correct
1.00 points out of 1.00
Warren and Sandra are divorced and have two children, Adam and Alex. Sandra was granted custody of both children. As part of
their divorce agreement, Sandra must allow Warren to claim Alex in alternating years. This year will be Warren’s year to claim Alex.
What are the steps that Warren and Sandra should follow?
Select one:
a. Sandra must complete Form 8332 or a substitute Correct. Sandra must complete and sign Form 8332 or a substitute
statement, and Warren must attach it to his tax statement, and Warren must attach this form to his tax return.
return.
b. Warren must complete Form 8332 or a substitute statement and attach it to his return.
c. Warren can claim Alex as a dependent on his return with no additional actions.
, 8/25/25, 8:33 AM
d. Sandra must complete Form 8332 or a substitute statement and attach it to her return.
