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H&R Block Specialist Test
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H&R Block Specialist Test
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H&R Block Specialist TestSam pays his 19 yr. old son, Joshua, $550/month to maintain the lawn &
garden at the family residence. Sam is subject to what household
employment tax rules for Joshua? - -A. Since Joshua is not performing any
child case services, the household tax rules do not apply.
B. Since Joshua is the taxpayer's child under age 21, the household
employment tax rules do not apply.
C. Since no evidence is given that Joshua is a student, he is considered to be
Sam's household employee.
D. Since Joshua's wages are over $2,100 for the yr., Sam is subject to the
household employment tax rules for Joshua.
Answer: B
-A taxpayer should include which of the following when figuring their federal
gross income? - -A. Prior-year federal income tax refund.
B. Ordinary dividends.
C. Personal injury compensation.
D. Qualified disaster relief payments.
Answer: B
-A taxpayer is required to file Schedule 1 (Form 1040) when claiming which
of the following? - -A. Retirement savings contributions credit.
B. Health savings account deduction
C. Education credit
D. Excess advance premium tax credit repayment
Answer: B
-In 2018, the excise tax for excess contributions to a health savings account
is _____________. - -A. 0%
B. 6%
C. 10%
D. 20%
Answer: B
-In 2018, the additional excise tax for non-qualified distributions from a
health savings account is ____________. - -A. 0%
B. 6%
C. 10%
D. 20%
Answer: D
-Cynthia works full-time as a teacher's aide at an elementary school. In
2018, she paid $250 to participate in a professional development course,
hoping to upgrade her job skills. Since she was no reimbursed for this
, expense, she would like to claim the educator expense deduction. As
Cynthia's Tax Pro, what advice would you offer her? - -A. She may not claim
the deduction b/c she is not considered an eligible educator.
B. Since she spent the $250 on professional development rather than
classroom supplies, she is not eligible for this deduction.
C. She may claim the deduction since she is an eligible educator and the
professional development course is a qualified expense.
D. Since employee business expenses are no longer deductible on SCH A,
she may not claim a deduction for the cost of the professional development
course.
Answer: C
-Major Winters, a member of the Army Reserve, traveled to a location 250
miles from his home to perform his work in the reserve in June 2018. His
unreimbursed expenses consisted of $195 for lodging and $268 for mileage.
In addition, he incurred mileage expenses of $235 throughout the yr. for trips
to a location 20 miles from his home. How much is Major Winters eligible to
deduct on SCH 1 (Form 1040), line 24, as an above-the-line adjustment? - -
A. $0
B. $268
C. $463
D. $698
Answer: C
-Kimberly originally files her 2017 return on February 19, 2018. Under
ordinary circumstances, what is the last day she can file an amended 2017
return? - -A. April 15, 2021
B. February 19, 2021
C. April 15, 2020
D. April 17, 2018
Answer: A
-All of the following issues may be corrected or changed by filing Form
1040X, Amended U.S. Individual Income Tax Return, EXCEPT: - -A. The
amount of deductible medical expenses was reported incorrectly on the
original return
B. An error that was made on a trust return needs to be corrected
C. Wages for a 2nd job were not initially reported
D. A taxpayer who filed as a non-resident qualified for U.S. resident status
Answer: B
-Michelle converted her personal residence to rental property in 2018. She
purchased the property in 2014 for $110,000 of which $10,000 was allocable
to the land. Unfortunately, property values in her neighborhood have
declined over the past few yrs. On the date of conversion, the FMV of the
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