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H&R Block Mid Term Review Exam Questions And Answers (Guaranteed A+)

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©FYNDLAY EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e H&R Block Mid Term Review Exam Questions And Answers (Guaranteed A+) 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 household? - answer$9100 What does Form 1099-G provide? - answerCertain government payments such as unemployment. What is a standard deduction? - answerA reduction in the amount of income subject to tax. It varies based on the taxpayer's filing status. What is the amount of taxable income that you can earn and still use the Tax Table? - answer$100,000 What three factors determine the filing requirements for nondependents? - answer1. filing status 2. age 3. gross income What are the five filing status'? - answer1. Single 2. Married filing joint 3. Married filing separate 4. Qualifying widow 5. Head of household How do you determine marital status? - answerMarital status is determined on the last day of the tax year. ©FYNDLAY EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 2 | P a g e If the taxpayer is considered unmarried on the last day of the year what options do he/she have as a filing status? - answer1. Single 2. Head of household 3. Qualifying widow If the taxpayer is considered married on the last day of the year, the taxpayer may file as? - answer1. Married filing join 2. Married filing separate When is a nondependent taxpayer required to file a tax return? - answerGenerally, the nondependent taxpayer would be required to file a tax return when their gross income is equal to or greater than the sum of the taxpayer's standard deduction and personal exemption amount. If a person is filing married filing separately, when are they required to file a tax return? - answerWhen their gross income equals or exceeds the personal exemption amount ($3950 for 2014). Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased standard deduction. - answer$1550 (per condition) Taxpayers filing as head of household who are 65 or older and/or blind are entitled to what increased standard deduction. - answer$1550 (per condition) Taxpayers filing as married who are 65 or older and/or blind are entitled to what increased standard deduction. - answer$1200 (per condition) Taxpayers filing as qualifying widow who are 65 or older and/or blind are entitled to what increased standard deduction. - answer$1200 (per condition) When may a taxpayer filing married but separate claim a spouse's personal exemption? - answerWhen the spouse: 1. has no gross income 2. is not filing a return 3. is not a dependent of another person When may a taxpayer with a nonresident alien spouse claim the spouse's personal exemption? - answerWhen the spouse: 1. has no gross income 2. is not filing a return 3. is not a dependent of another person

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©FYNDLAY EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.



H&R Block Mid Term Review Exam
Questions And Answers (Guaranteed A+)


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 household? - answer✔$9100

What does Form 1099-G provide? - answer✔Certain government payments such as
unemployment.

What is a standard deduction? - answer✔A reduction in the amount of income subject to tax. It
varies based on the taxpayer's filing status.
What is the amount of taxable income that you can earn and still use the Tax Table? -
answer✔$100,000

What three factors determine the filing requirements for nondependents? - answer✔1. filing
status
2. age
3. gross income

What are the five filing status'? - answer✔1. Single
2. Married filing joint
3. Married filing separate
4. Qualifying widow
5. Head of household

How do you determine marital status? - answer✔Marital status is determined on the last day of
the tax year.

1|Page

, ©FYNDLAY EXAM SOLUTIONS 2024/2025

ALL RIGHTS RESERVED.
If the taxpayer is considered unmarried on the last day of the year what options do he/she have
as a filing status? - answer✔1. Single
2. Head of household
3. Qualifying widow
If the taxpayer is considered married on the last day of the year, the taxpayer may file as? -
answer✔1. Married filing join
2. Married filing separate

When is a nondependent taxpayer required to file a tax return? - answer✔Generally, the
nondependent taxpayer would be required to file a tax return when their gross income is equal
to or greater than the sum of the taxpayer's standard deduction and personal exemption
amount.
If a person is filing married filing separately, when are they required to file a tax return? -
answer✔When their gross income equals or exceeds the personal exemption amount ($3950
for 2014).
Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased
standard deduction. - answer✔$1550 (per condition)
Taxpayers filing as head of household who are 65 or older and/or blind are entitled to what
increased standard deduction. - answer✔$1550 (per condition)
Taxpayers filing as married who are 65 or older and/or blind are entitled to what increased
standard deduction. - answer✔$1200 (per condition)
Taxpayers filing as qualifying widow who are 65 or older and/or blind are entitled to what
increased standard deduction. - answer✔$1200 (per condition)
When may a taxpayer filing married but separate claim a spouse's personal exemption? -
answer✔When the spouse:
1. has no gross income
2. is not filing a return
3. is not a dependent of another person
When may a taxpayer with a nonresident alien spouse claim the spouse's personal exemption?
- answer✔When the spouse:
1. has no gross income
2. is not filing a return
3. is not a dependent of another person

2|Page
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