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Head of Household -CORRECTANSWER 1. What is the most beneficial filing status
that Karen is eligible to claim on her 2021 tax
return?
False -CORRECTANSWER 2. Karen's Economic Impact Payment (EIP3) must be
included in her total income.
$300 -CORRECTANSWER 3. What amount may Karen deduct as a charitable
contribution when filing her 2021
tax return?
$6,600 -CORRECTANSWER 4. What is the maximum amount Paul and Maggie are
eligible to claim for the child tax
credit?
$3,500 -CORRECTANSWER 5. How much of the child care expenses can be used to
claim the child and dependent
care credit?
, All the above -CORRECTANSWER 6. Form 8889, Part 1 is used to report HSA
contributions made by _______________.
1000 -CORRECTANSWER 7. Carol is eligible to contribute an additional $________ to
her HSA because she is age 55 or older.
$2,980 -CORRECTANSWER 8. What is the total unreimbursed qualified medical
expenses reported on Form 8889,
Part II?
Barbara and Jenny -CORRECTANSWER 9. For the purpose of determining
dependency, Marie meets the conditions to be the
qualifying child of _______________.
False -CORRECTANSWER 10. Jenny is not eligible to claim Marie for the earned
income credit because her filing status is Married Filing Separate.
True -CORRECTANSWER 11. Michael's mortgage insurance premium of $230 can be
claimed as an itemized deduction on his Schedule A.
$1000 -CORRECTANSWER 12. What amount of gambling losses is Michael eligible to
claim as a deduction on his Schedule A?