What is the standard deduction for a taxpayer filing single?
Ans: $6200
What is the standard deduction for a taxpayer filing married filing joint?
Ans: $12400
What is the standard deduction for a taxpayer filing married filing separate?
Ans: $6200
What is the standard deduction for a taxpa...
In today's fast-paced educational landscape, students need reliable resources to excel in their studies.
5.0
H&R BLOCK MID TERM REVIEW
QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT
ANSWERS) /ALREADY GRADED A+
What is the standard deduction for a taxpayer filing single?
✓ Ans: $6200
What is the standard deduction for a taxpayer filing married filing joint?
✓ Ans: $12400
What is the standard deduction for a taxpayer filing married filing separate?
✓ Ans: $6200
What is the standard deduction for a taxpayer filing qualifying widow?
✓ Ans: $9100
What is the standard deduction for a taxpayer filing head of household?
✓ Ans: $9100
What does Form 1099-G provide?
✓ Ans: Certain government payments such as unemployment.
In today's fast-paced educational landscape, students need reliable resources to excel in their studies.
5.0
What is a standard deduction?
✓ Ans: A reduction in the amount of income subject to tax. It varies
based on the taxpayer's filing status.
What is the amount of taxable income that you can earn and still use the Tax
Table?
✓ Ans: $100,000
What three factors determine the filing requirements for nondependents?
✓ Ans: 1. filing status
✓ 2. age
✓ 3. gross income
What are the five filing status'?
✓ Ans: 1. Single
✓ 2. Married filing joint
✓ 3. Married filing separate
✓ 4. Qualifying widow
✓ 5. Head of household
How do you determine marital status?
✓ Ans: 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?
Examstudy - Stuvia US
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Examstudy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.