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VITA BASIC TEST QUESTIONS WITH CORRECT ANSWERS.
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VITA BASIC TEST QUESTIONS WITH CORRECT ANSWERS.
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VITA BASIC TEST QUESTIONS WITH CORRECTANSWERS
Calvin has qualifying health insurance coverage (also known as minimum essential coverage) as
defined under the Affordable Care Act. - CORRECT ANSWER-True
Calvin and Betty may need to make a shared responsibility payment on their joint return if they
don't qualify for an exemption. - CORRECT ANSWER-True
Who can claim the American opportunity credit? - CORRECT ANSWER-Dana can claim the credit
because Tom is her dependent.
Dana's most advantageous allowable filing status is: - CORRECT ANSWER-Head of Household
Who can Bob claim as a qualifying child(ren) for the earned income credit? - CORRECT ANSWER-
Bob can claim Sara, but not Joan.
Who can claim Sara as a dependent? - CORRECT ANSWER-Joan can claim Sara because she is
Sara's mother. (Wrong)
Will may claim R.J. as a dependent on his tax return. - CORRECT ANSWER-True
Is Will able to claim R.J. as a qualifying child for the earned income credit (EIC)? - CORRECT
ANSWER-No, because Will has an ITIN.
Which benefit(s) can Will claim on his tax return? (Choose the best answer) - CORRECT
ANSWER-All of the above
VITA Basic Test questions with correct answers
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