Intuit Tax Level 1 Exam Question and
answers verified to pass 2025/2026
Married Filing Jointly: Social Security Taxes - correct answer ✔Below $32,000 - No tax
$32k -$44k - 50%
$44k + - 85%
All other filing status': Social Security Tax - correct answer ✔Below $25,000 - No tax
$25k-$34k - 50%
$34k+ - 85%
States that tax social security income - correct answer ✔Colorado
CT
Kansas
Minnesota
Montana
New Mexico
RI
Utah
Vermont
WV
Non-deductible Expenses - correct answer ✔Federal income
Social Security
Medicare
, Federal unemployment
Railroad retirement
Custom duties
Federal estate & gift taxes
Gasoline, car, property improvements, license fee taxes
Foreign personal or real property taxes
State & local income AND sales taxes
All real estate taxes that year if sold home
Nontaxable Income - correct answer ✔child support payments, welfare benefits, cash rebates, damage
awards for personal injury or sickness, gifts, alimony for divorce after 2018, healthcare benefits, money
reimbursed from qualifying adoptions, life insurance policy when someone dies, money from a qualified
scholarship except if spent on rent, personal expenses.
Is Gofund me taxable? - correct answer ✔False
Can you amend your tax return from married filing jointly to married filing separately? - correct answer
✔
Are guaranteed payments considered wages in Box 1 on 1040? - correct answer ✔The payments are
recorded on schedule k-1 and included as income on schedule E of their form 1040
Form 8812 - correct answer ✔Additional Child Tax Credit
Form 1040 - correct answer ✔The standard Internal Revenue Service (IRS) form that individuals use to
file their annual income tax returns.
Form 1116 - correct answer ✔Foreign Tax Credit (Individual, Estate or Trust)
answers verified to pass 2025/2026
Married Filing Jointly: Social Security Taxes - correct answer ✔Below $32,000 - No tax
$32k -$44k - 50%
$44k + - 85%
All other filing status': Social Security Tax - correct answer ✔Below $25,000 - No tax
$25k-$34k - 50%
$34k+ - 85%
States that tax social security income - correct answer ✔Colorado
CT
Kansas
Minnesota
Montana
New Mexico
RI
Utah
Vermont
WV
Non-deductible Expenses - correct answer ✔Federal income
Social Security
Medicare
, Federal unemployment
Railroad retirement
Custom duties
Federal estate & gift taxes
Gasoline, car, property improvements, license fee taxes
Foreign personal or real property taxes
State & local income AND sales taxes
All real estate taxes that year if sold home
Nontaxable Income - correct answer ✔child support payments, welfare benefits, cash rebates, damage
awards for personal injury or sickness, gifts, alimony for divorce after 2018, healthcare benefits, money
reimbursed from qualifying adoptions, life insurance policy when someone dies, money from a qualified
scholarship except if spent on rent, personal expenses.
Is Gofund me taxable? - correct answer ✔False
Can you amend your tax return from married filing jointly to married filing separately? - correct answer
✔
Are guaranteed payments considered wages in Box 1 on 1040? - correct answer ✔The payments are
recorded on schedule k-1 and included as income on schedule E of their form 1040
Form 8812 - correct answer ✔Additional Child Tax Credit
Form 1040 - correct answer ✔The standard Internal Revenue Service (IRS) form that individuals use to
file their annual income tax returns.
Form 1116 - correct answer ✔Foreign Tax Credit (Individual, Estate or Trust)
