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Enrolled Agent Exam Questions with correct Answers (Graded A)
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Enrolled Agent Exam Questions with correct Answers
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Enrolled Agent Exam Questions withcorrect Answers
FORM C4868 C- CCorrect CAnswers C-Application Cfor CAutomatic CExtension Cof CTime
CTo CFile CU.S. CIndividual CIncome CTax CReturn
- CInterest Cis Ccharged Con Ctax Cnot Cpaid Cby Cthe Cdue Cdate Cof Cthe Creturn Cif Cthey
Cget Can Cextension
What Cis Cthe Cminimum Cfor Creporting Cself-employment Cincome? C- CCorrect CAnswers
C-$400 Cor Cmore
What Cis Cthe Cminimum Cgross Cincome Crequired Cfor Cfiling? C- CCorrect CAnswers C-
$12,550 Cor Cmore
If Ca Ctaxpayer Csuffered Ca Cqualified Cdisaster Closs, Cwhen Ccan Cthey Cclaim Ca
Cdeduction? C- CCorrect CAnswers C-On Cthe Ccurrent Ctax Cyear Cor Camended Creturn
Cfrom Cthe Cprevious Cyear
Schedule CH C- CCorrect CAnswers C-Household CEmployment CTaxes
- Cemployment Ctaxes Cmust Cbe Cpaid Cif Ctheir Cwages Care Cover C$2,300 Cin C20-21 Cor
C$1,000 Cor Cmore Cin Cany Ccalendar Cquarter Cof C2021
No Cestimated Cpayments Care Crequired Cif Cenough Ctax Cis Cpaid Cthrough Cwithholding
Cto Ckeep Cthe Camount Cdue Cwith Cthe Creturn... C- CCorrect CAnswers C-under C$1,000
Estimates CTax CPayment CDates C- CCorrect CAnswers C-April C15
June C15
September C15
January C15
Form C982 C- CCorrect CAnswers C-discharged Cindebtness
Minimum Cpenalty Cfor Ca Cprohibited Ctransaction Cis... C- CCorrect CAnswers C-15% Cof
Cthe CIRA Cvalue
, In C2021, Chow Cmuch Cof Cforeign Cearned Cincome Ccan Ca Cperson Cexclude Cfrom
Cgross Cincome? C- CCorrect CAnswers C-$108,700
For Cthe Cpurposes Cof Ccontributing Cto Can CIRA, Cwhat Cis Ccompensation? C- CCorrect
CAnswers C-- Cwages
- Csalaries C
- Ccommissions
- Cself-employment Cincome
- Calimony
- Cnontaxable Ccombat Cpay
NOT
- Cearnings Cand Cprofit Cfrom Crental Cproperty
- Cinterest/dividend Cincome
- Cpension/annuity Cincome
- Cdeferred Ccompensation
- Cincome Cfrom Ccertain Cpartnerships
- Cany Cother Camounts Cexcluded Cfrom Cincome
- Cgovt' Cprovided Cunemployment
Is Cproperty C(cash C+ Cother) Creceived Cas Ca Cgift, Cbequest, Cor Cinheritance Cincluded
Cin Ctaxable Cincome? C- CCorrect CAnswers C-No
IRA CContribution CLimits Cfor C50 Cand Colder C- CCorrect CAnswers C-$7,000
IRA Ccontribution Climit Cfor Cthose Cunder C50 C- CCorrect CAnswers C-$6,000
Can Cthe C2% Cmiscellaneous Cdeduction Cbe Cmade Cfor Cemployees? C- CCorrect
CAnswers C-No. CNot Cuntil C2026. CTCJA Csuspended Cthis Cexcept Cfor Carmed Cforced
Creservists, Cfee-based Cstate/local Cgovt Cofficials, Cqualified Cperforming Cartists, Cor
Cdisabled Cemployees Cwith Cimpairment-related Cwork Cexpenses
FORM C8867 C- CCorrect CAnswers C-Paid CPreparer's CDue CDiligence CChecklist
What Cis Cthe Cearned Cincome Ccredit Climit? C- CCorrect CAnswers C-$10,000
Investors Cwhose Cinvestment Cincome Cis Cmore Cthan C$10,000 Cmay CNOT Cclaim Cthe
Ccredit.
IRC CSection C199A C- CWhat Camount Cof Cdeduction Ccan Cbe Cclaimed Cby Ccertain
Cbusiness Cowners Cfor Cqualified Cbusiness Cincome? C- CCorrect CAnswers C-20%
What Cis Cthe Cextra Camount Cof Cstandard Cdeduction Cfor Csomeone Cover C65 C-
CCorrect CAnswers C-$1,700 Cmore
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