100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
H&R Block Mid Term Review Exam Questions With Solutions $15.99   Add to cart

Exam (elaborations)

H&R Block Mid Term Review Exam Questions With Solutions

 7 views  0 purchase

H&R Block Mid Term Review Exam Questions With Solutions What three factors determine the filing requirements for nondependents? 1. filing status 2. age 3. gross income What are the five filing status'? 1. Single 2. Married filing joint 3. Married filing separate 4. Qualifying widow 5. Head...

[Show more]

Preview 2 out of 14  pages

  • October 19, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (482)
avatar-seller
UpperClass
H&R Block Mid Term Review Exam
Questions With Solutions

What three factors determine the filing requirements for nondependents? 1. filing status


2. age

3. gross income




What are the five filing status'? 1. Single


2. Married filing joint

3. Married filing separate

4. Qualifying widow

5. Head of household




How do you determine marital status? Marital status is determined on the last day of the

tax year.




If the taxpayer is considered unmarried on the last day of the year what options do he/she have as

a filing status? 1. Single


2. Head of household

3. Qualifying widow

, H&R Block Mid Term Review Exam
Questions With Solutions

If the taxpayer is considered married on the last day of the year, the taxpayer may file as?

1. Married filing join


2. Married filing separate




When is a nondependent taxpayer required to file a tax return? Generally, the

nondependent taxpayer would be required to file a tax return when their gross income is equal to

or greater than the sum of the taxpayer's standard deduction and personal exemption amount.




If a person is filing married filing separately, when are they required to file a tax return?

When their gross income equals or exceeds the personal exemption amount ($3950 for

2014).




Taxpayers filing as single who are 65 or older and/or blind are entitled to what increased

standard deduction. $1550 (per condition)




Taxpayers filing as head of household who are 65 or older and/or blind are entitled to what

increased standard deduction. $1550 (per condition)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 UpperClass. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart