Intuit Prac ce Exam Ques ons and answers Newest
RATED A+ 2025/2026 UPDATED
Taxpayer A and Taxpayer B met in early December through an online app and decided to get
married on December 31, 2021.What is an acceptable filing status?
Yes/True. Married Filing Jointly Yes/True. Married Filing Separately
A taxpayer needs assistance in determining their residency status for the current year The
taxpayer is not a U.S. ci(zen but is treated as a resident alien for tax purposes. Is this statement
true?
Yes/True. Since the taxpayer met the substan al presence test, they would be considered a
resident for the current year. Yes/True. Since the taxpayer met the green card test, they would
be considered a resident for the current year.
Josephine is a Canadian ci(zen and resident. She is not a US ci(zen, but was physically present
in the USA for 170 days in the current year. She was in the USA for 30 days and 60 days in each
of the previous two years. Will Josephine be considered a ci(zen or resident of the USA when
applying the substan(al presence test in the current year?
Yes/True. She will qualify as she meets the substan(al presence test with 190 days when
applying the formula.
Is this a test that individual must sa(sfy to be considered a qualifying child of a taxpayer?
Yes/True. Rela(onship test Yes/True. Support test
In the following scenario, is Form 1040 required to be filed for 2022?
Yes/True. Taxpayer is single, has income of $6,000 and $300 of federal income taxes withheld.
They want to claim the refund.
Yes/True. Taxpayer is married filing jointly. Taxpayer has $80,000 in earned income and spouse
has net profits of $40,000 from their sole proprietorship.
Is the following statement correct about Form W-2?
Yes/True. Box 1 provides the total of how much you were paid in wages, (ps, and other
compensa(on.
Is the following statement correct when calcula(ng the individual federal income tax formula?
, Yes/True. Taxpayers subtract Above Line Deduc ons from Gross Income to determine Adjusted
Gross Income. Yes/True. Taxpayers subtract Qualified Business Income from Adjusted Gross
Income to determine Taxable Income.
Taxpayer A is a student athlete in high school. They are being recruited by colleges to play
soccer at a Division I school and are popular on several social media pla8orms. Taxpayer A
provides social media adver(sements for several businesses in the local area. Below is
addi(onal informa(on for their current year. *Taken as a dependent on their parent's tax return
*Earned income of $7,500 for social media adver(sements for local car dealership, restaurant,
auto body shop and hair salon
*Has $1,000 of business expenses related to the social media adver(sements
Is the following true about this scenario?
Yes/True. The taxpayer will need to file Schedule C in their tax return. Yes/True. The taxpayer
will have to pay self-employment tax.
You are a 30 year old engineer working full-(me. For the tax year 2022, you received the
following: $35,000 Salary on W-2 $500 Dividend Income $200 Tax Exempt Interest
Income $1,000 Municipal Bond Interest Income Paid $7,000 in Real Estate Taxes Paid $2,500 for
Home Mortgage Interest *Paid $1,000 in charitable contribu(ons
*Paid $2,500 in medical expenses
Yes/True. Your taxable income is $23,500.
Is the following statement true with regard to a taxpayer's foreign income?
Yes/True. US ci(zens are subject to tax on all income, whether its generated in the US or foreign
countries. Yes/True. The US allows taxpayers mee(ng certain criteria to annually exclude an
annual amount of foreign earned income.
Is the following income considered non-taxable?
Yes/True. You received an inheritance of $10,000 Yes/True. You receive a gi9 of $10,000
The taxpayer is a self-employed, cash-basis rideshare driver for Uber and LyC. Should the
following be included on their Schedule C?
Yes/True. A cash p from their customer. Yes/True. A payment made to have their car detailed
A taxpayer has an upscale rideshare business. They earn a substan(al amount of income by
driving high net worth individuals, execu(ves of companies and poli(cians around the city. Is
this a business expense that can be deducted by the taxpayer?
RATED A+ 2025/2026 UPDATED
Taxpayer A and Taxpayer B met in early December through an online app and decided to get
married on December 31, 2021.What is an acceptable filing status?
Yes/True. Married Filing Jointly Yes/True. Married Filing Separately
A taxpayer needs assistance in determining their residency status for the current year The
taxpayer is not a U.S. ci(zen but is treated as a resident alien for tax purposes. Is this statement
true?
Yes/True. Since the taxpayer met the substan al presence test, they would be considered a
resident for the current year. Yes/True. Since the taxpayer met the green card test, they would
be considered a resident for the current year.
Josephine is a Canadian ci(zen and resident. She is not a US ci(zen, but was physically present
in the USA for 170 days in the current year. She was in the USA for 30 days and 60 days in each
of the previous two years. Will Josephine be considered a ci(zen or resident of the USA when
applying the substan(al presence test in the current year?
Yes/True. She will qualify as she meets the substan(al presence test with 190 days when
applying the formula.
Is this a test that individual must sa(sfy to be considered a qualifying child of a taxpayer?
Yes/True. Rela(onship test Yes/True. Support test
In the following scenario, is Form 1040 required to be filed for 2022?
Yes/True. Taxpayer is single, has income of $6,000 and $300 of federal income taxes withheld.
They want to claim the refund.
Yes/True. Taxpayer is married filing jointly. Taxpayer has $80,000 in earned income and spouse
has net profits of $40,000 from their sole proprietorship.
Is the following statement correct about Form W-2?
Yes/True. Box 1 provides the total of how much you were paid in wages, (ps, and other
compensa(on.
Is the following statement correct when calcula(ng the individual federal income tax formula?
, Yes/True. Taxpayers subtract Above Line Deduc ons from Gross Income to determine Adjusted
Gross Income. Yes/True. Taxpayers subtract Qualified Business Income from Adjusted Gross
Income to determine Taxable Income.
Taxpayer A is a student athlete in high school. They are being recruited by colleges to play
soccer at a Division I school and are popular on several social media pla8orms. Taxpayer A
provides social media adver(sements for several businesses in the local area. Below is
addi(onal informa(on for their current year. *Taken as a dependent on their parent's tax return
*Earned income of $7,500 for social media adver(sements for local car dealership, restaurant,
auto body shop and hair salon
*Has $1,000 of business expenses related to the social media adver(sements
Is the following true about this scenario?
Yes/True. The taxpayer will need to file Schedule C in their tax return. Yes/True. The taxpayer
will have to pay self-employment tax.
You are a 30 year old engineer working full-(me. For the tax year 2022, you received the
following: $35,000 Salary on W-2 $500 Dividend Income $200 Tax Exempt Interest
Income $1,000 Municipal Bond Interest Income Paid $7,000 in Real Estate Taxes Paid $2,500 for
Home Mortgage Interest *Paid $1,000 in charitable contribu(ons
*Paid $2,500 in medical expenses
Yes/True. Your taxable income is $23,500.
Is the following statement true with regard to a taxpayer's foreign income?
Yes/True. US ci(zens are subject to tax on all income, whether its generated in the US or foreign
countries. Yes/True. The US allows taxpayers mee(ng certain criteria to annually exclude an
annual amount of foreign earned income.
Is the following income considered non-taxable?
Yes/True. You received an inheritance of $10,000 Yes/True. You receive a gi9 of $10,000
The taxpayer is a self-employed, cash-basis rideshare driver for Uber and LyC. Should the
following be included on their Schedule C?
Yes/True. A cash p from their customer. Yes/True. A payment made to have their car detailed
A taxpayer has an upscale rideshare business. They earn a substan(al amount of income by
driving high net worth individuals, execu(ves of companies and poli(cians around the city. Is
this a business expense that can be deducted by the taxpayer?
