Vita basic - Study guides, Class notes & Summaries

VITA Basic Prep, VITA Basic Course Scenarios and Test Questions and Complete Solutions Graded A+

Ficep Final: CUNA Review Questions And Answers | Complete Solution Graded A Select the statement that correctly describes a progressive tax. - answerA progressive tax requires people to pay more as they earn more. Pick the statement that best describes a regressive tax. - answerA regressive tax charges the same tax rate regardless of the taxpayer's income. Why are government fees and surcharges sometimes described as a form of tax? - answerBecause they generate income for the government....

VITA Basic Prep Exam Questions & Answers If your filing status is single and you are under 65 at the end of 2022, file a return if your income was at least: - ANS - $12,950 If your filing status is single and you were 65 or older at the end of 2022, file a return if your income was at least: - ANS - $14,700 If your filing status is married filing jointly and you were under 65 (both spouses) at the end of 2022, file a return if your income was at least: - ANS - $25,900 If your fil...

VITA BASIC EXAM 2024...

2024 VITA Basic Exam Questions and Answers 2024/2025 Verified Answers VITA Basic Exam What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - ANS-Head of Household Joe can claim a higher standard deduction because he is blind. - ANS-True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. - ANS-false Chris and Marcie must claim the EIP3 of $2,800 as taxable income o...

VITA BASIC EXAM 2024 WITH 100% CORRECT ANSWERS What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - correct answer Head of Household Joe can claim a higher standard deduction because he is blind. - correct answer True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. - correct answer false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their...

2024 VITA Basic Exam Test New Latest Version with All Questions from Actual Past Exam and 100% Correct Answers

VITA Basic Exam Questions & Answers What is the most advantageous filing status allowable that Joe can claim on his tax return for 2021? - ANS - Head of Household Joe can claim a higher standard deduction because he is blind. - ANS - True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because they are too young and have no qualifying children. - ANS - false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. - ANS - fal...