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Exam (elaborations)

VITA 2023 Advanced Test Questions And Answers

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VITA 2023 Advanced Test Questions And Answers

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  • December 2, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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HELLENAH
VITA 2023 Advanced Test Questions And Answers
Answer :Head of Household - Quiz :1. What is the most beneficial filing status
that Karen is eligible to claim on her 2021 tax
return?

Answer :False - Quiz :2. Karen's Economic Impact Payment (EIP3) must be
included in her total income.

Answer :$300 - Quiz :3. What amount may Karen deduct as a charitable
contribution when filing her 2021
tax return?

Answer :$6,600 - Quiz :4. What is the maximum amount Paul and Maggie are
eligible to claim for the child tax
credit?

Answer :$3,500 - Quiz :5. How much of the child care expenses can be used to
claim the child and dependent
care credit?

Answer :All the above - Quiz :6. Form 8889, Part 1 is used to report HSA
contributions made by _______________.

Answer :1000 - Quiz :7. Carol is eligible to contribute an additional $________
to her HSA because she is age 55 or older.

Answer :$2,980 - Quiz :8. What is the total unreimbursed qualified medical
expenses reported on Form 8889,
Part II?

Answer :Barbara and Jenny - Quiz :9. For the purpose of determining
dependency, Marie meets the conditions to be the
qualifying child of _______________.

Answer :False - Quiz :10. Jenny is not eligible to claim Marie for the earned
income credit because her filing status is Married Filing Separate.

Answer :True - Quiz :11. Michael's mortgage insurance premium of $230 can
be claimed as an itemized deduction on his Schedule A.

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