VITA Basic Exam 2023 /Questions And Answers
Quiz :What is the most advantageous filing status allowable that Joe can claim
on his taxreturn for 2021? - Answer :Head of Household
Quiz :Joe can claim a higher standard deduction because he is blind. -
Answer :True
Quiz :Chris and Marcie cannot claim the Earned Income Tax Credit (EITC)
because theyare too young and have no qualifying children. - Answer :false
Quiz :Chris and Marcie must claim the EIP3 of $2,800 as taxable income on
their 2021 taxreturn. - Answer :false
Quiz :Which of the Reynolds children qualifies for the child tax credit (CTC)? -
Answer :Laura and Timothy
Quiz :Archie and Tina will not itemize deductions but can deduct the full
amount of theircharitable contribution. - Answer :false
Quiz :The Brooks qualify for the Credit for Other Dependents. - Answer :True
Quiz :The Brooks qualify for the Earned Income Tax Credit. - Answer :false
Quiz :Alan cannot claim the Earned Income Tax Credit because his age is more
than theage limit. - Answer :False
Quiz :. Alan must take a required minimum distribution in 2021. -
Answer :false
Quiz :Bobbie can exclude his unemployment compensation on his 2021 tax
return. - Answer :False
Quiz :Bobbie is eligible for the following credit: - Answer :American
Opportunity Credit
Lifetime learning credit
earned income credit
???
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller HELLENAH. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.99. You're not tied to anything after your purchase.