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VITA Basic Exam 2024/2025 already graded A+ $12.99   Add to cart

Exam (elaborations)

VITA Basic Exam 2024/2025 already graded A+

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  • Course
  • VITA Certification
  • Institution
  • VITA Certification

VITA Basic Exam 2024/2025 already graded A+

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  • January 29, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • vita certification
  • VITA Certification
  • VITA Certification
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Ashley96
VITA Basic Exam

What is the most advantageous filing status allowable that Joe can claim on his taxreturn for
2021? - ANSHead of Household

Joe can claim a higher standard deduction because he is blind. - ANSTrue

Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young
and have no qualifying children. - ANSfalse

Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxreturn. -
ANSfalse

Which of the Reynolds children qualifies for the child tax credit (CTC)? - ANSLaura and Timothy

Archie and Tina will not itemize deductions but can deduct the full amount of theircharitable
contribution. - ANSfalse

The Brooks qualify for the Credit for Other Dependents. - ANSTrue

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. -
ANSFalse

. Alan must take a required minimum distribution in 2021. - ANSfalse

Bobbie can exclude his unemployment compensation on his 2021 tax return. - ANSFalse

Bobbie is eligible for the following credit: - ANSAmerican Opportunity Credit
Lifetime learning credit
earned income credit

???

Bobbie can claim the student loan interest deduction on his tax return. - ANStrue
false

Fred and Wilma Jones can claim the Credit for Other Dependents. - ANSTrue

What is the total amount of federal income tax withholding shown on theJones' Form(s) W-2 and
1099? - ANS$6100

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