100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Enrolled Agent Exam Individual questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating $7.99   Add to cart

Exam (elaborations)

Enrolled Agent Exam Individual questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

 3 views  0 purchase
  • Course
  • Agent Certifications
  • Institution
  • Agent Certifications

Enrolled Agent Exam Individual questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

Preview 1 out of 3  pages

  • August 5, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Agent Certifications
  • Agent Certifications
avatar-seller
AnswersCOM
Enrolled Agent Exam Individual
1040 - ANS-All tax returns that do not belong on 1040NR

1040 A - ANS-Taxable income less than $100,000, no self-employment, no schedule A, only
certain adjustments and credits

1040 EZ - ANS-Taxable income less than $100,000, income from wages, salaries, tips,
unemployment, Alaska permanent fund dividend, taxable scholarships, taxable interest.
Single or Married filing jointly, under age 65, not blind, no dependents, interest income of less
than $1,500, no adjustments or credits other than EITC.

1040NR - ANS-Used by non-resident aliens to report US income.

Adoption credit maximum - ANS-$13,400

American Opportunity credit maximum - ANS-$2,500

ATIN - ANS-adoption taxpayer identification number - used to claim child as dependent if placed
in home for legal adoption, domestic adoption or legal foreign adoption with permanent resident
alien card or certificate of citizenship, can't obtain child's SSN despite reasonable attempts, not
eligible for SSN for reasons such as adoption not finalized. This dependent not eligible for EITC.

Child tax credit - ANS-$1,000

Coverdell education savings account maximum - ANS-$2,000

Credit for child and dependent care expenses - ANS-$3,000 one child, $6,000 two or more

EITC maximum no children - ANS-$503

EITC maximum one child - ANS-$3,359

EITC maximum three children - ANS-$6,242

EITC maximum two children - ANS-$5,548

EITC phase out no children - ANS-$14,820 ($20,330 MFJ)

EITC phase out one child - ANS-$39,131 ($44,651 MFJ)

EITC phase out three children - ANS-$47,747 ($53,267 MFJ)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart