Page | 1
H&R BLOCK INCOME TAX COURSE EXAM 2025/2026
A+ QUESTIONS AND ANSWERS.
1. Interest On State And Local Bonds Included In Gross Income? - Solution
- No
2. Compensation For Personal Injuries Included In Gross Income? -
Solution - No
3. Qualified Clergy Housing Allowances Included In Gross Income? -
Solution - No
4. Federal Income Tax Refunds Included In Gross Income? - Solution - No
5. Qualified Scholarships And Fellowships Included In Gross Income? -
Solution - No
6. Meals Or Lodging Furnished For The Convenience Of The Employer Included In
Gross Income? - Solution - No
, Page | 2
7. Certain Foster Care Payments Included In Gross Income? - Solution - No
8. Disaster Relief Payments Included In Gross Income? - Solution - No
9. Certain Income From The Discharge Of Indebtedness Included In Gross
Income? - Solution - No
10. Statements - Solution - Attached To The Return To Explain Various Types
Of Income, Deductions, And Credits Reported Either On A Schedule Or
Directly On Forms 1040EZ, 1040A, 1040, 1040NR, Or 1040PR.
11. Worksheets - Solution - Not Sent To The IRS With The Return, But Are
Useful In Compiling Information And Are Kept With The Taxpayer's Copy Of
The Return.
12. Form W-2 - Solution - Wage And Tax Statement
13. Form 4852 - Solution - Substitute W-2
, Page | 3
14. W-2 Box 12 Code A - Solution - Uncollected Social Security Tax Or
Railroad Retirement Tax On Tips.
15. W-2 Box 12 Code B - Solution - Uncollected Medicare Tax On Tips.
16. W-2 Box 12 Code C - Solution - The Cost Of Group-Term Life
Insurance Coverage In Excess Of $50,000. This Amount Has Been
Included In Boxes 1, 3, And 5 As Taxable Income.
17. W-2 Box 12 Code D - Solution - 401(K) Contributions.
18. W-2 Box 12 Code E - Solution - 403(B) (Tax-Sheltered Annuity)
Contributions.
19. W-2 Box 12 Code F - Solution - 408(K)(6) SEP Contributions.
20. W-2 Box 12 Code G - Solution - 457(B) Contributions (A Type Of Plan Used
By Government Employees.
, Page | 4
21. W-2 Box 12 Code H - Solution - 501(C)(18)(D) Contributions.
22. W-2 Box 12 Code J - Solution - The Amount Of A Sick Pay Not Includible
In Income Because The Employee Contributed To A Sick Pay Plan.
23. W-2 Box 12 Code K - Solution - 20% Excise Tax On Excess Golden
Parachute Payments.
24. W-2 Box 12 Code L - Solution - Substantiated Employee Business
Expenses Reimbursements (Nontaxable).
25. W-2 Box 12 Code M - Solution - Uncollected Social Security Tax Or RRTA Tax
On The Excess Coverage Cost On Taxable Cost Of Group-Term Life Insurance
Over $50,000 (For Former Employees).
26. W-2 Box 12 Code N - Solution - The Same Situation As Code M, Except
The Amount Shown Represents Uncollected Medicare Tax.
H&R BLOCK INCOME TAX COURSE EXAM 2025/2026
A+ QUESTIONS AND ANSWERS.
1. Interest On State And Local Bonds Included In Gross Income? - Solution
- No
2. Compensation For Personal Injuries Included In Gross Income? -
Solution - No
3. Qualified Clergy Housing Allowances Included In Gross Income? -
Solution - No
4. Federal Income Tax Refunds Included In Gross Income? - Solution - No
5. Qualified Scholarships And Fellowships Included In Gross Income? -
Solution - No
6. Meals Or Lodging Furnished For The Convenience Of The Employer Included In
Gross Income? - Solution - No
, Page | 2
7. Certain Foster Care Payments Included In Gross Income? - Solution - No
8. Disaster Relief Payments Included In Gross Income? - Solution - No
9. Certain Income From The Discharge Of Indebtedness Included In Gross
Income? - Solution - No
10. Statements - Solution - Attached To The Return To Explain Various Types
Of Income, Deductions, And Credits Reported Either On A Schedule Or
Directly On Forms 1040EZ, 1040A, 1040, 1040NR, Or 1040PR.
11. Worksheets - Solution - Not Sent To The IRS With The Return, But Are
Useful In Compiling Information And Are Kept With The Taxpayer's Copy Of
The Return.
12. Form W-2 - Solution - Wage And Tax Statement
13. Form 4852 - Solution - Substitute W-2
, Page | 3
14. W-2 Box 12 Code A - Solution - Uncollected Social Security Tax Or
Railroad Retirement Tax On Tips.
15. W-2 Box 12 Code B - Solution - Uncollected Medicare Tax On Tips.
16. W-2 Box 12 Code C - Solution - The Cost Of Group-Term Life
Insurance Coverage In Excess Of $50,000. This Amount Has Been
Included In Boxes 1, 3, And 5 As Taxable Income.
17. W-2 Box 12 Code D - Solution - 401(K) Contributions.
18. W-2 Box 12 Code E - Solution - 403(B) (Tax-Sheltered Annuity)
Contributions.
19. W-2 Box 12 Code F - Solution - 408(K)(6) SEP Contributions.
20. W-2 Box 12 Code G - Solution - 457(B) Contributions (A Type Of Plan Used
By Government Employees.
, Page | 4
21. W-2 Box 12 Code H - Solution - 501(C)(18)(D) Contributions.
22. W-2 Box 12 Code J - Solution - The Amount Of A Sick Pay Not Includible
In Income Because The Employee Contributed To A Sick Pay Plan.
23. W-2 Box 12 Code K - Solution - 20% Excise Tax On Excess Golden
Parachute Payments.
24. W-2 Box 12 Code L - Solution - Substantiated Employee Business
Expenses Reimbursements (Nontaxable).
25. W-2 Box 12 Code M - Solution - Uncollected Social Security Tax Or RRTA Tax
On The Excess Coverage Cost On Taxable Cost Of Group-Term Life Insurance
Over $50,000 (For Former Employees).
26. W-2 Box 12 Code N - Solution - The Same Situation As Code M, Except
The Amount Shown Represents Uncollected Medicare Tax.
