Enrolled agent exam Study guides, Class notes & Summaries

AHIP 2024 final exam | Questions and Verified Answers | Mrs. Park | Latest Version Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income. What could you tell Mrs. Park that might be of assistance? -----Correct Answer---- -She should contact her state Medicaid agency to see if she qualifies forprograms that can help with Medicare costs for which she is responsible. Madeline Martinez was widowed several years ago. Her husband worked for many years and contributed into the Medica...

AHIP 2024 final exam 100% VERIFIED ANSWERS 2024/2025 GUARANTEED PASS AHIP 2024 final exam 100% VERIFIED ANSWERS 2024/2025 GUARANTEED PASS Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income. What could you tell Mrs. Park that might be of assistance? She should contact her state Medicaid agency to see if she qualifies forprograms that can help with Medicare costs for which she is responsible. Madeline Martinez was widowed several years ago. Her husband worked for many ye...

ENROLLED AGENT EXAM PART 1,2 AND 3 ACTUAL QUESTINS AND ANSWERS ;(PASS IN FIRST ATTEMPT)

ENROLLED AGENT EXAM PART 1 EXAM NEWEST 2024 WITH ACTUAL QUESTIONS AND CORRECT ANSWERS|ALREADY GRADED A+

Enrolled Agent Exam Part 1, Enrolled Agent - Part 1 Exam 2024...

Enrolled Agent Exam Part 1, Enrolled Agent - Part 1...

Dual status alien Answer An alien who is both a nonresident and resident alien during the same tax year. The most common dual-status tax years are the years of arrival and departure. Resident Alien Answer If either the green card test or the substantial presence test is met. Even if the taxpayer does not meet either of these tests, (s)he may be able to choose to be treated as a U.S. resident for part of the year. Green Card Test Answer A taxpayer is a resident for tax purposes if (s)he was...

Which form of business entity is not a legal entity separate and apart from its owner? A. Corporation B. Partnership C. Sole proprietorship D. S corporation - correct answer -C Under which circumstance is an entity required to apply for a new employer identification number? A. Proprietorship that incorporates B. Business name change C. Electing or revoking S corp status D. 50% change of interest in partnership within 12 months. - correct answer -A LLC's may be an attractive sm...

How does the IRS use document matching to select returns for audit? Answer The IRS uses document matching to select returns for audit by comparing amounts reported on a taxpayer's income forms (Forms W-2, 1099, 1098, and Schedule K-1) with the income reported on the return. Willie is the owner of an accounting firm. An employee prepares a tax return for a client and advises that a deduction may be claimed for a bad debt. If the return is examined and the deduction is disallowed, Willie will ...

Enrolled Agent Exam - Part 2 Tough Topics