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Answers
2024 VITA Basic Exam Questions and Answers 2024/2025 Verified Answers VITA Basic Exam
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 on their 2021 taxreturn. - ANS-false
Which of the Reynolds children qualifies for the child tax
credit (CTC)? - ANS-Laura and Timothy
Archie and Tina will not itemize deductions but can deduct
the full amount of theircharitable contribution. - ANS-false
The Brooks qualify for the Credit for Other Dependents. -
ANS-True
The Brooks qualify for the Earned Income Tax Credit. - ANSfalse
Alan cannot claim the Earned Income Tax Credit because his
age is more than theage limit. - ANS-False
. Alan must take a required minimum distribution in 2021. -
ANS-false
Bobbie can exclude his unemployment compensation on his
2021 tax return. - ANS-False
Bobbie is eligible for the following credit: - ANS-American
Opportunity Credit
Lifetime learning credit
earned income credit
???
Bobbie can claim the student loan interest deduction on his
tax return. - ANS-true
false
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Specifications
- School: Chamberlain
- Course: Nursing
- Year of study: 2024
Document
- Section: Examinations
- Made on: 01-19-2024
- Type: .pdf
- Pages: 7
- Language: English
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FollowEXCELLENT HOMEWORK HELP AND TUTORING ,ALL KIND OF QUIZ AND EXAMS WITH GUARANTEE OF A+
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