Question 1

A qualifying child of the taxpayer must meet the gross income test.

Accepted Answer

A) True 
 B)False

Question 2

The standard deduction is the maximum amount of itemized deductions which may be claimed by a taxpayer and is based on an individual's filing status,age,and vision.

Accepted Answer

A) True 
 B)False

Question 3

Ben,age 67,and Karla,age 58,have two children who live with them and for whom they provide total support.Their daughter is 21 years old,blind,is not a full-time student and has no income.Her twin brother is 21 years old,has good sight,is a full-time student and has income of $4,800.Which of the following statements is correct regarding Ben and Karla's ability to claim the twins as dependents?

Accepted Answer

A) The couple can claim both twins as dependents. 
B) The couple cannot claim either twin as a dependent. 
C) The couple can only claim the daughter as a dependent. 
D) The couple can only claim the son as a dependent. 
A) The couple can claim both twins as dependents. 
B) The couple cannot claim either twin as a dependent. 
C) The couple can only claim the daughter as a dependent. 
D) The couple can only claim the son as a dependent.

Question 4

Tax returns from individual taxpayers and partnerships are due on the 15th day of the fourth month following the close of the tax year.

Accepted Answer

A) True 
 B)False

Question 5

Charlie is claimed as a dependent by his parents in 2019.He received $8,000 during the year from a part-time acting job,which was his only income.What is his standard deduction?

Accepted Answer

A) $1,100 
B) $12,200 
C) $8,000 
D) $8,350 
A) $1,100 
B) $12,200 
C) $8,000 
D) $8,350

Question 6

Theo's wife moved overseas in April,and they have not been in touch,although they are still legally married.Theo pays all the costs of the household which includes his 12-year-old son.Because Theo is still married,his only option is to file his tax return as married filing separately.

Accepted Answer

A) True 
 B)False

Question 7

A married taxpayer may file as head of household under the abandoned spouse provisions if all of the following are met except

Accepted Answer

A) the taxpayer lived apart from his or her spouse for the last six months of the year. 
B) the taxpayer is a U.S.citizen or resident. 
C) the taxpayer pays over half of the cost of maintaining a household in which the taxpayer and a dependent son or daughter live for over half of the year. 
D) the taxpayer must have been married for at least two years. 
A) the taxpayer lived apart from his or her spouse for the last six months of the year. 
B) the taxpayer is a U.S.citizen or resident. 
C) the taxpayer pays over half of the cost of maintaining a household in which the taxpayer and a dependent son or daughter live for over half of the year. 
D) the taxpayer must have been married for at least two years.

Question 8

To qualify as an abandoned spouse,the taxpayer is not required to

Accepted Answer

A) be a U.S.citizen or resident. 
B) live apart from the spouse for the last six months of the year. 
C) pay more than half the cost of maintaining the home. 
D) have a son or daughter in the home for the entire year. 
A) be a U.S.citizen or resident. 
B) live apart from the spouse for the last six months of the year. 
C) pay more than half the cost of maintaining the home. 
D) have a son or daughter in the home for the entire year.

Exam 18: Determination of Tax

A qualifying child of the taxpayer must meet the gross income test.

The standard deduction is the maximum amount of itemized deductions which may be claimed by a taxpayer and is based on an individual's filing status,age,and vision.

Tax returns from individual taxpayers and partnerships are due on the 15th day of the fourth month following the close of the tax year.

Charlie is claimed as a dependent by his parents in 2019.He received $8,000 during the year from a part-time acting job,which was his only income.What is his standard deduction?

Theo's wife moved overseas in April,and they have not been in touch,although they are still legally married.Theo pays all the costs of the household which includes his 12-year-old son.Because Theo is still married,his only option is to file his tax return as married filing separately.

A married taxpayer may file as head of household under the abandoned spouse provisions if all of the following are met except

To qualify as an abandoned spouse,the taxpayer is not required to

Tax Research

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