VITA Basic Exam Questions and Answers 2022/2023 | Verified Answers
1.What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021?Head of Household
2.Joe can claim a higher standard deduction because he is blind.True
3.Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children.false
4.Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxre-
turn.false
5.Which of the Reynolds children qualifies for the child tax credit (CTC)?Laura and Timothy
6.Archie and Tina will not itemize deductions but can deduct the full amount of theirchari-
table contribution.false
7.The Brooks qualify for the Credit for Other Dependents.True
8.The Brooks qualify for the Earned Income Tax Credit.false
9.Alan cannot claim the Earned Income Tax Credit because his age is more than theage limit.False
10.. Alan must take a required minimum distrib-
ution in 2021.false
11.Bobbie can exclude his unemployment com-
pensation on his 2021 tax return.False
12.Bobbie is eligible for the following credit: American Opportunity Credit
1.What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021?Head of Household
2.Joe can claim a higher standard deduction because he is blind.True
3.Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children.false
4.Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxre-
turn.false
5.Which of the Reynolds children qualifies for the child tax credit (CTC)?Laura and Timothy
6.Archie and Tina will not itemize deductions but can deduct the full amount of theirchari-
table contribution.false
7.The Brooks qualify for the Credit for Other Dependents.True
8.The Brooks qualify for the Earned Income Tax Credit.false
9.Alan cannot claim the Earned Income Tax Credit because his age is more than theage limit.False
10.. Alan must take a required minimum distrib-
ution in 2021.false
11.Bobbie can exclude his unemployment com-
pensation on his 2021 tax return.False
12.Bobbie is eligible for the following credit: American Opportunity Credit
