VITA ADVANCED TEST EXAM 2026 FINAL
PAPER COMPLETE QUESTIONS WITH
VERIFIED ANSWERS AND RATIONALES
⩥ 2. Rebecca has $_______ in qualifying child care expenses for the
child and dependent care credit. Answer: 2500
⩥ 3. Pat and Terri are only eligible to claim the child tax credit on their
2020 tax return. Answer: false
⩥ 4. The taxable amount of Pat's unemployment compensation is
$_________? Answer: 3300
⩥ 5. Medicaid waiver payments can be considered earned income for the
computation of the earned income credit. Answer: true
⩥ 6. Andrew's HSA deduction amount on Form 8889, Part I, line 13 is
$3,000. Answer: False
⩥ 7. The HSA contribution made by Andrew's employer will be shown
in Box 12 on his Form W-2 with the following: Answer: W
, ⩥ 8. The over-the-counter allergy medication is a qualified medical
expense for HSA purposes. Answer: true
⩥ 9. Barbara and Claire can make an agreement on who can claim Molly
as a dependent. Answer: false
⩥ 10. Jenny is eligible for earned income credit, but can allow Claire to
claim the credit. Answer: false
⩥ 11. Robert is eligible to claim the donation to his friend's GoFundMe
account as a charitable contribution. Answer: false
⩥ 12. Robert qualifies for an above-the-line charitable contribution
adjustment of $300 on his 2020 tax return if he chooses not to itemize.
Answer: false
⩥ 13. Carly can claim $3,960 as a student loan interest deduction on
Form 1040, Schedule 1. Answer: false
⩥ 14. Carly is eligible to deduct $250 as an adjustment to income on
Form 1040, Schedule 1 for qualified educator expenses. Answer: false
⩥ 15. The Franklins can use $ ___________ of qualified child care
expenses to calculate the child and dependent care credit. Answer: 6000
false
PAPER COMPLETE QUESTIONS WITH
VERIFIED ANSWERS AND RATIONALES
⩥ 2. Rebecca has $_______ in qualifying child care expenses for the
child and dependent care credit. Answer: 2500
⩥ 3. Pat and Terri are only eligible to claim the child tax credit on their
2020 tax return. Answer: false
⩥ 4. The taxable amount of Pat's unemployment compensation is
$_________? Answer: 3300
⩥ 5. Medicaid waiver payments can be considered earned income for the
computation of the earned income credit. Answer: true
⩥ 6. Andrew's HSA deduction amount on Form 8889, Part I, line 13 is
$3,000. Answer: False
⩥ 7. The HSA contribution made by Andrew's employer will be shown
in Box 12 on his Form W-2 with the following: Answer: W
, ⩥ 8. The over-the-counter allergy medication is a qualified medical
expense for HSA purposes. Answer: true
⩥ 9. Barbara and Claire can make an agreement on who can claim Molly
as a dependent. Answer: false
⩥ 10. Jenny is eligible for earned income credit, but can allow Claire to
claim the credit. Answer: false
⩥ 11. Robert is eligible to claim the donation to his friend's GoFundMe
account as a charitable contribution. Answer: false
⩥ 12. Robert qualifies for an above-the-line charitable contribution
adjustment of $300 on his 2020 tax return if he chooses not to itemize.
Answer: false
⩥ 13. Carly can claim $3,960 as a student loan interest deduction on
Form 1040, Schedule 1. Answer: false
⩥ 14. Carly is eligible to deduct $250 as an adjustment to income on
Form 1040, Schedule 1 for qualified educator expenses. Answer: false
⩥ 15. The Franklins can use $ ___________ of qualified child care
expenses to calculate the child and dependent care credit. Answer: 6000
false
