VITA Basic Exam UPDATED ACTUAL Exam Questions and CORRECT Answers

VITA Basic Exam UPDATED ACTUAL
Exam Questions and CORRECT Answers
What is the most advantageous filing status allowable that Joe can claim on his taxreturn for
2021? - CORRECT ANSWER - Head of Household



Joe can claim a higher standard deduction because he is blind. - CORRECT ANSWER -
True


Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young
and have no qualifying children. - CORRECT ANSWER - false


Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxreturn. -
CORRECT ANSWER - false


Which of the Reynolds children qualifies for the child tax credit (CTC)? - CORRECT
ANSWER - Laura and Timothy


Archie and Tina will not itemize deductions but can deduct the full amount of theircharitable
contribution. - CORRECT ANSWER - false



The Brooks qualify for the Credit for Other Dependents. - CORRECT ANSWER - True



The Brooks qualify for the Earned Income Tax Credit. - CORRECT ANSWER - false


Alan cannot claim the Earned Income Tax Credit because his age is more than theage limit. -
CORRECT ANSWER - False



. Alan must take a required minimum distribution in 2021. - CORRECT ANSWER - false