Enrolled agent - Study guides, Class notes & Summaries

Enrolled Agent - Part 2 questions with correct answers 2024 Definition of Self-employed - Answer- You are self-employed if you carry on a trade or business as a sole proprietor or an independent contractor. Statutory employees - Answer- 1. Pay FICA tax through their employer, and so do not pay self-employment tax (Employer pays Social Security and Medicare taxes in the form of FICA). 2. Less expensive to hire than regular employees because the employer does not have to pay unemployment ta...

2024 ENROLLED AGENT PART 1 / LATEST ENROLLED AGENT PART 1 LATEST UPDATED VERSION 2024 ACTUAL TEST QUESTIONS AND WELL ELABORATED ANSWERS (100% CORRECT VERIFIED ANSWERS) |GUARANTEED PASS. (BRAND NEW!!)

ENROLLED AGENT 2024 EXAM PART 1 ENROLLED AGENT 2024 EXAM PART 1 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED On which Schedule would a self-employed farmer report their income and loss? - ACCURATE ANSWERSchedule F What types of income are reported on Schedule E (Form 1040)? - ACCURATE ANSWERIncome from rental real estate, royalties, partnerships, S corps, trusts, and estates. What are some situations that make discharged debt non-taxable? - ACCURATE ANSWER(1) bankruptcy (2) insolvency...

Enrolled Agent Part 1 The Income Tax Return Exam Questions and Answers

A Medicare beneficiary has walked into your office and requested that you sit down with her and discuss her options under the Medicare Advantage program. Before engaging in such a discussion, what should you do? - Answer-You must have her sign a scope of appointment form, indicating which products she wishes to discuss. You may then proceed with the discussion. Agent Harriet Walker has recently begun marketing Medicare Advantage and related products aimed at meeting the needs of senior citi...

Dual special needs plans are defined as? Medicare advantage plans uniquely designed for consumers enrolled in both Medicare and Medicaid. Meredith a d- snp member loses Medicaid eligibility. What impact does this have on her D-SNP enrollment? She will enter a grace period during which she is responsible for plan, cost sharing and she will be disenrolled at the end of the grace. If she does not re-establish Medicaid eligibility. Brainpower Read More Previous Play Next Rewin...

Enrolled Agent Practice Exam Questions Part 1

Enrolled Agent Exam - Part 2 Tough Topics

Enrolled Agent Practice Exam Questions Part 1

Enrolled Agent Practice Exam Questions Part 1.