H&R BLOCK

H&R Block Budget Challenge UPDATED Exam Questions and CORRECT Answers Auto insurance - CORRECT ANSWER cover costs associated with car accidents. Budget - CORRECT ANSWER - A type of insurance used by vehicle owners to - A chart that documents how much money an individual earns and spends. Cash Flow - CORRECT ANSWER - The relationship between income and expenses in a budget. For example, if you spend more money than you have coming in, you have negative cash flow

H&R Block Budget Challenge QUIZ UPDATED ACTUAL Exam Questions and CORRECT Answers Select the most likely consequence of making payments late to a card that has an introductory rate - CORRECT ANSWER - Fees and paying the default interest rate on the balance Zach is an authorized user on his parents' credit card. What may happen if Zach doesn't use the card in a responsible way? - CORRECT ANSWER - Zach and Zach's parents' credit may be damaged

HRB FINAL EXAM UPDATED ACTUAL Exam Questions and CORRECT Answers How much is the penalty if a paid prepaerer fails to meet the child tax credit due diligence requirements - CORRECT ANSWER - $510 for each failure, for each credit on each return Total Penalty max for return is $1530 What is the first due diligence requirement for the EITC, CTC,ACTC, AOTC and how does a paid preparer meet this requirement? - CORRECT ANSWER - Complete and submit the form 8867. 1. Complete the fo...

H&R Block FINAL TEST | WITH COMPLETE AND DETAILED QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!

H&R Block FINAL TEST | WITH COMPLETE AND DETAILED QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY GRADED A+|GUARANTEED TO PASS!!

H&R Block Final Review Exam With 100% Correct Answers 2025 /. What is the difference between earned income and unearned income? - Answer-Earned income is received for services performed. Some examples of earned income include wages, commissions, tips, farming, and other business income. Unearned income is taxable income that does not meet the definition of earned income. Examples of unearned income include interest income, dividends, rents and royalties, pensions, alimony, and unemployment...

H&R Block Mid Term Review Exam With 100% Correct Answers 2025 /. What is the standard deduction for a taxpayer filing single? - Answer-$6200 /.What is the standard deduction for a taxpayer filing married filing joint? - Answer-$12400 /.What is the standard deduction for a taxpayer filing married filing separate? - Answer-$6200 /.What is the standard deduction for a taxpayer filing qualifying widow? - Answer-$9100 /.What is the standard deduction for a taxpayer filing head of h...

H&R Block Specialist Test Exam With 100% Correct Answers 2025 /. Sam pays his 19 yr. old son, Joshua, $550/month to maintain the lawn & garden at the family residence. Sam is subject to what household employment tax rules for Joshua? - Answer-A. Since Joshua is not performing any child case services, the household tax rules do not apply. B. Since Joshua is the taxpayer's child under age 21, the household employment tax rules do not apply. C. Since no evidence is given that Joshua is a st...

H&R BLOCK INCOME TAX COURSE EXAM Q&A 2025 100% VERIFIED

Adjustable rate mortgage (ARM) Ans: (ARM) A mortgage that permits the lender to periodically adjust the interest rate to reflect fluctuations in the cost of money. auto insurance Ans: Insurance to protect a car owner in the event of an accident or damage to a vehicle. budget Ans: A detailed plan of income and expenses expected over a certain period of time cash flow 2 | Page Ans: the difference between cash coming in and cash going out of a business ...