H&R BLOCK MIDTERM REVIEW
EXAM WITH ALL NEEDED TO PASS
Which kof kthe kfollowing kis kconsidered kearned kincome? kC k- kcorrect kanswers k-a)
kInterest kfrom ka kbank
b) kUnemployment kcompensation
c) kIncome kfrom kfarming
d) kGambling kwinnings
The ktax kon kincome kthat kcomes kentirely kfrom kwages kunder k$100,000 kis
kdetermined kaccording kto kthe: kA k- kcorrect kanswers k-a) kTax kTables
b) kTax kComputation kWorksheet
c) kQualified kDividends kand kCapital kGain kTax kWorksheet
d) kSchedule kD kTax kWorksheet
Which kof kthe kfollowing kshows kthese knumbers krounded kcorrectly: k$31.43,
k$143.57, k$369.22, k$1,547.88. kB k- kcorrect kanswers k-a) k$32. k$142. k$368.
k$1,547.
b) k$31. k$144. k$369. k$1,548.
c) k$31. k$142. k$369. k$1,547.
d) k$32. k$144. k$368. k$1,547.
, Which kform kis kused kby kemployers kto kreport kwages kearned kby ktheir
kemployees? kA k- kcorrect kanswers k-a) kForm kW-2
b) kForm kW-4
c) kForm k1040
d) kForm k1040A
What kis kthe kexemption kamount kfor k2017? kB k- kcorrect kanswers k-a) k$3,850
b) k$4,050
c) k$5,050
d) k$6,050
The kfollowing kthree kfactors kdetermine kthe kfiling krequirement kfor
knondependents: kB k- kcorrect kanswers k-a) kMarital kstatus, kage, kand kresidency
b) kMarital kstatus, kage, kand kgross kincome
c) kMarital kstatus, kage, kand ktaxable kincome
d) kMarital kstatus, kage, kand ktotal kdeductions
The kstandard kdeduction kon kan kincome ktax kreturn kis kdetermined kby: kC k-
kcorrect kanswers k-a) kCitizenship
b) kResidency
c) kFiling kstatus
d) kGross kincome
The khead kof khousehold kfiling kstatus krequires kthat ka ktaxpayer kmaintain ka
khousehold kfor: kA k- kcorrect kanswers k-a) kA kqualifying kchild, kqualifying krelative,
kor ka kparent kwhom kthe ktaxpayer kis kallowed kto kclaim kas kan kexemption kon
ktheir ktax kreturn
b) kAt kleast kone kother kperson
c) kA kbeloved kfamily kpet
d) kMaintaining ka khousehold kfor kanother kperson kis knot ka krequirement kof kthe
kHOH kfiling kstatus.
For ktax kpurposes, kwhen kis ka kperson's kmarital kstatus kdetermined? kD k- kcorrect
kanswers k-a) kOn kthe kfirst kday kof kthe ktax kyear.
b) kOn kthe ktaxpayer's kbirthday.
c) kOn kthe kday kthe kperson kfiles ktheir ktax kreturn.
d) kOn kthe klast kday kof kthe ktax kyear.
Under kwhat kcircumstances kmight ka ktaxpayer kwho kdoes knot kmeet kthe kfederal
kfiling krequirement kwant kto kfile ka kreturn kanyway? kA k- kcorrect kanswers k-a) kIf
kthere kwas kany kfederal ktax kwithheld kor kthey kare kentitled kto kany krefundable
kcredits.
b) kIf kthere kwas kany kfederal ktax kwithheld kor kthey kare kentitled kto kany
knonrefundable kcredits.
c) kTo kclaim kitemized kdeductions.
d) kIf kthere kwas kany kstate ktax kwithheld kor kthey kare kentitled kto kany krefundable
kcredits
EXAM WITH ALL NEEDED TO PASS
Which kof kthe kfollowing kis kconsidered kearned kincome? kC k- kcorrect kanswers k-a)
kInterest kfrom ka kbank
b) kUnemployment kcompensation
c) kIncome kfrom kfarming
d) kGambling kwinnings
The ktax kon kincome kthat kcomes kentirely kfrom kwages kunder k$100,000 kis
kdetermined kaccording kto kthe: kA k- kcorrect kanswers k-a) kTax kTables
b) kTax kComputation kWorksheet
c) kQualified kDividends kand kCapital kGain kTax kWorksheet
d) kSchedule kD kTax kWorksheet
Which kof kthe kfollowing kshows kthese knumbers krounded kcorrectly: k$31.43,
k$143.57, k$369.22, k$1,547.88. kB k- kcorrect kanswers k-a) k$32. k$142. k$368.
k$1,547.
b) k$31. k$144. k$369. k$1,548.
c) k$31. k$142. k$369. k$1,547.
d) k$32. k$144. k$368. k$1,547.
, Which kform kis kused kby kemployers kto kreport kwages kearned kby ktheir
kemployees? kA k- kcorrect kanswers k-a) kForm kW-2
b) kForm kW-4
c) kForm k1040
d) kForm k1040A
What kis kthe kexemption kamount kfor k2017? kB k- kcorrect kanswers k-a) k$3,850
b) k$4,050
c) k$5,050
d) k$6,050
The kfollowing kthree kfactors kdetermine kthe kfiling krequirement kfor
knondependents: kB k- kcorrect kanswers k-a) kMarital kstatus, kage, kand kresidency
b) kMarital kstatus, kage, kand kgross kincome
c) kMarital kstatus, kage, kand ktaxable kincome
d) kMarital kstatus, kage, kand ktotal kdeductions
The kstandard kdeduction kon kan kincome ktax kreturn kis kdetermined kby: kC k-
kcorrect kanswers k-a) kCitizenship
b) kResidency
c) kFiling kstatus
d) kGross kincome
The khead kof khousehold kfiling kstatus krequires kthat ka ktaxpayer kmaintain ka
khousehold kfor: kA k- kcorrect kanswers k-a) kA kqualifying kchild, kqualifying krelative,
kor ka kparent kwhom kthe ktaxpayer kis kallowed kto kclaim kas kan kexemption kon
ktheir ktax kreturn
b) kAt kleast kone kother kperson
c) kA kbeloved kfamily kpet
d) kMaintaining ka khousehold kfor kanother kperson kis knot ka krequirement kof kthe
kHOH kfiling kstatus.
For ktax kpurposes, kwhen kis ka kperson's kmarital kstatus kdetermined? kD k- kcorrect
kanswers k-a) kOn kthe kfirst kday kof kthe ktax kyear.
b) kOn kthe ktaxpayer's kbirthday.
c) kOn kthe kday kthe kperson kfiles ktheir ktax kreturn.
d) kOn kthe klast kday kof kthe ktax kyear.
Under kwhat kcircumstances kmight ka ktaxpayer kwho kdoes knot kmeet kthe kfederal
kfiling krequirement kwant kto kfile ka kreturn kanyway? kA k- kcorrect kanswers k-a) kIf
kthere kwas kany kfederal ktax kwithheld kor kthey kare kentitled kto kany krefundable
kcredits.
b) kIf kthere kwas kany kfederal ktax kwithheld kor kthey kare kentitled kto kany
knonrefundable kcredits.
c) kTo kclaim kitemized kdeductions.
d) kIf kthere kwas kany kstate ktax kwithheld kor kthey kare kentitled kto kany krefundable
kcredits
