100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
HRB ITC CA 2024 Exam 100% Correct!! $14.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. HRB ITC CA
  4.  
  5. HRB ITC CA

Exam (elaborations)

HRB ITC CA 2024 Exam 100% Correct!!
 0 purchase
  • Course
  • HRB ITC CA
  • Institution
  • HRB ITC CA

Q: What is the difference between domicile and residency? . - ANSWERSA: Your domicile is your one true, permanent home (the place to which you intend to return when absent). Residency, for tax purposes, is usually the place where you currently have the most substantive connections for an indefin...

[Show more]

Preview 2 out of 7  pages

Document information

  • November 8, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • hrb itc ca 2024 exam 100 correct
  • q what is the difference between domicile and res

Written for

  • HRB ITC CA
  • HRB ITC CA

Seller

avatar-seller
papersmaster01

Reviews received

Content preview

HRB ITC CA 2024 Exam 100% Correct!!

Q: What is the difference between domicile and residency?

. - ANSWERSA: Your domicile is your one true, permanent home (the place to which you intend to return
when absent).

Residency, for tax purposes, is usually the place where you currently have the most substantive
connections

for an indefinite period of time



Q: How do you determine if an individual is a resident of California? - ANSWERSA: Either of two tests:

• You must determine if they have been in California for other than a temporary or transitory purpose.

• If they are domiciled in California but outside of the state for a transitory or temporary purpose.



Q: What is the "nine-month" presumption of residence rule?

. - ANSWERSA: If, from other factors a determination cannot be made, when an individual spends more
than nine

months of any taxable year in California, he or she is presumed to be a resident of the state. The burden

of proof of non-residence sits with the individual taxpayer



Q: Who is a California nonresident? - ANSWERSA: Any individual who is not a resident.



Q: Who is a California part-year resident? - ANSWERSA: Any individual who is a resident for part of the
year and a nonresident for part of the year.



Determine whether or not these taxpayers are residents, part-year residents, or nonresidents:

Q: Mr. & Mrs. Larson lived, worked, and owned a home in Nevada until May, 2011, when they

moved to Sacramento. They sold their home in Nevada and bought a home in Sacramento. They

both were transferred to Sacramento indefinitely. - ANSWERSA: Part-year resident.

, Determine whether or not these taxpayers are residents, part-year residents, or nonresidents:

Q: George and Martha live and work in Indiana. In January, 2013, Martha came to visit her son in

Bakersfield and ended up staying four months. She worked at the local H&R Block office part

time. - ANSWERSA: Nonresident. Her permanent home was Indiana, and she intended to return there at
the end of the four

months.



Determine whether or not these taxpayers are residents, part-year residents, or nonresidents:

Q: Willie and Wanda Walker live in San Francisco. They were married in June, 2013, in New York,

where Wanda had lived and worked. Willie has always lived and worked in San Francisco. After

they married, Wanda moved to San Francisco but did not continue working. - ANSWERSA: Willie Walker
is a full-year resident; Wanda Walker is a part-year resident. They may file a joint tax

return using Form 540NR, or they may file separate California tax returns with Willie using Form 540

and Wanda using Form 540NR. In the later case, the married filing separate status would be used on

each return. California community property rules must be applied to determine Willie and Wanda's
income

after they married.



Q1: Captain Ace was domiciled in California when he entered the military. Is he considered to be a

resident while stationed in California?

Q2: Is his Military income subject to California tax?

Q3: Captain Ace is transferred to Ohio September 1, 2013. His wife worked until they moved in
September.

Do they have to file a California return? - ANSWERSA1: Yes.

A2: Yes

A3: Yes. They would file a return as a part-year resident. Captain Ace's Military pay through August and
his

wife's pay while in California are entered on the Schedule CA (540NR) in Column E.



Q1: Private Bailey enlisted in the Army in Ames, Iowa, where he maintains a home. After basic training,

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 papersmaster01. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67479 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$14.49
  • (0)
Add to cart
Added