INTUIT TAX LEVEL 1 EXAM QUESTIONS WITH CORRECT
ANSWERS RATED A+ 2025-2026
Married Filing Jointly: Social Security Taxes - CORRECT ANSWERSBelow $32,000 - No tax
$32k -$44k - 50%
$44k + - 85%
All other filing status': Social Security Tax - CORRECT ANSWERSBelow $25,000 - No tax
$25k-$34k - 50%
$34k+ - 85%
States that tax social security income - CORRECT ANSWERSColorado
CT
Kansas
Minnesota
Montana
New Mexico
RI
Utah
Vermont
WV
Non-deductible Expenses - CORRECT ANSWERSFederal income
Social Security
Medicare
Federal unemployment
, Railroad retirement
Custom duties
Federal estate & gift taxes
Gasoline, car, property improvements, license fee taxes
Foreign personal or real property taxes
State & local income AND sales taxes
All real estate taxes that year if sold home
Nontaxable Income -
CORRECT ANSWERSchild support payments, welfare benefits, cash rebates, damage awards for
personal injury or sickness, gifts, alimony for divorce after 2018, healthcare benefits, money reim
bursed from qualifying adoptions, life insurance policy when someone dies, money from a qualifi
ed scholarship except if spent on rent, personal expenses.
Is Gofund me taxable? - CORRECT ANSWERSFalse
Can you amend your tax return from married filing jointly to married filingEseparately? -
CORRECT ANSWERS
Are guaranteed payments considered wages in Box 1 on 1040? -
CORRECT ANSWERSThe payments are recorded on schedule k-
1 and included as income on schedule E of their form 1040
Form 8812 - CORRECT ANSWERSAdditional Child Tax Credit
Form 1040 -
CORRECT ANSWERSThe standard Internal Revenue Service (IRS) form that individuals use to file
their annual income taxEreturns.
ANSWERS RATED A+ 2025-2026
Married Filing Jointly: Social Security Taxes - CORRECT ANSWERSBelow $32,000 - No tax
$32k -$44k - 50%
$44k + - 85%
All other filing status': Social Security Tax - CORRECT ANSWERSBelow $25,000 - No tax
$25k-$34k - 50%
$34k+ - 85%
States that tax social security income - CORRECT ANSWERSColorado
CT
Kansas
Minnesota
Montana
New Mexico
RI
Utah
Vermont
WV
Non-deductible Expenses - CORRECT ANSWERSFederal income
Social Security
Medicare
Federal unemployment
, Railroad retirement
Custom duties
Federal estate & gift taxes
Gasoline, car, property improvements, license fee taxes
Foreign personal or real property taxes
State & local income AND sales taxes
All real estate taxes that year if sold home
Nontaxable Income -
CORRECT ANSWERSchild support payments, welfare benefits, cash rebates, damage awards for
personal injury or sickness, gifts, alimony for divorce after 2018, healthcare benefits, money reim
bursed from qualifying adoptions, life insurance policy when someone dies, money from a qualifi
ed scholarship except if spent on rent, personal expenses.
Is Gofund me taxable? - CORRECT ANSWERSFalse
Can you amend your tax return from married filing jointly to married filingEseparately? -
CORRECT ANSWERS
Are guaranteed payments considered wages in Box 1 on 1040? -
CORRECT ANSWERSThe payments are recorded on schedule k-
1 and included as income on schedule E of their form 1040
Form 8812 - CORRECT ANSWERSAdditional Child Tax Credit
Form 1040 -
CORRECT ANSWERSThe standard Internal Revenue Service (IRS) form that individuals use to file
their annual income taxEreturns.
