Vita 2021 - Study guides, Class notes & Summaries

VITA Basic Exam | Questions with 100% Correct Answers | Verified | Updated 2024 What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? Head of Household Joe can claim a higher standard deduction because he is blind. True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxreturn. ...

VITA 2021 Advanced Test / VITA Advanced Test -with 100% verified solutions-2023 - 2025 Head of Household - CORRECT ANSWER-1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 tax return? False - CORRECT ANSWER-2. Karen's Economic Impact Payment (EIP3) must be included in her total income. $300 - CORRECT ANSWER-3. What amount may Karen deduct as a charitable contribution when filing her 2021 tax return? $6,600 - CORRECT ANSWER-4. What is the maxim...

VITA Basic Exam Questions & Answers What is the most advantageous filing status allowable that Joe can claim on his tax return for 2021? - ANS - Head of Household Joe can claim a higher standard deduction because he is blind. - ANS - True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because they are too young and have no qualifying children. - ANS - false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. - ANS - fal...

VITA 2021 Advanced Test / VITA Advanced Test -with 100% verified solutions-

VITA BASIC EXAM 2024 WITH 100% CORRECT ANSWERS What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - correct answer Head of Household Joe can claim a higher standard deduction because he is blind. - correct answer True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. - correct answer false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their...

VITA Foreign Student Certificate .Ken entered the U.S. as a student on July 30, 2018 in F-1 immigration status. He hadnever been to the United States before and he did not change immigration statusduring 2021. For federal income tax purposes, Ken is a resident alien for 2021. - false Helen is a visiting professor at the local university. Helen was a graduate student fromJune 2017 to May 2019 in F-1 immigration status. She re-entered the United Statesas a teacher on December 20, 2020 in...

VITA Foreign Student Certificate Exam With Verified Answer 2024|2025 Ken entered the U.S. as a student on July 30, 2018 in F-1 immigration status. He had never been to the United States before and he did not change immigration status during 2021. For federal income tax purposes, Ken is a resident alien for 2021. Correct Answer false Helen is a visiting professor at the local university. Helen was a graduate student from June 2017 to May 2019 in F-1 immigration status. She re-entered the Unit...

2024 VITA Basic Exam Questions and Answers 2024/2025 Verified Answers VITA Basic Exam What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - ANS-Head of Household Joe can claim a higher standard deduction because he is blind. - ANS-True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. - ANS-false Chris and Marcie mu...

VITA Advanced Test with 100% verified solutions-2023 Head of Household 1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 tax return? False 2. Karen's Economic Impact Payment (EIP3) must be included in her total income. $300 3. What amount may Karen deduct as a charitable contribution when filing her 2021 tax return? $6,600 4. What is the maximum amount Paul and Maggie are eligible to claim for the child tax credit? $3,500 5. How much of t...