Jackson Hewitt Tax Preparation Professional Exam With Correct Answers 2026/2027.

Jackson Hewitt Tax Preparation Professional Exam
With Correct Answers 2026/2027.
1. According to the IRS, which of the following is the most accurate definition of "Gross
Income"?

 A) Only the money received from an employer via a W-2

 B) All income from whatever source derived, unless specifically excluded by law

 C) Total sales from a business before any expenses are paid

 D) The amount shown on a taxpayer's bank statement at the end of the year
CORRECT ANSWER: B) All income from whatever source derived, unless specifically
excluded by law

2. To qualify for the Head of Household filing status, a taxpayer must be unmarried and pay
more than what percentage of the cost of keeping up a home?

 A) 25%

 B) 50%

 C) 75%

 D) 100%
CORRECT ANSWER: B) 50%

3. Which of the following is a "Refundable" tax credit?

 A) Foreign Tax Credit

 B) Earned Income Tax Credit (EITC)

 C) Saver's Credit

 D) Lifetime Learning Credit
CORRECT ANSWER: B) Earned Income Tax Credit (EITC)

4. A taxpayer is 67 years old. How does their age affect their standard deduction?

 A) It remains the same as a 40-year-old

 B) They receive an additional standard deduction amount for being 65 or older

 C) They are required to itemize their deductions

 D) Their standard deduction is reduced by 10%
CORRECT ANSWER: B) They receive an additional standard deduction amount for being 65
or older

5. What is the deadline for a calendar-year taxpayer to file their individual income tax return
without an extension?

 A) January 31

 B) April 15

, C) June 30

 D) October 15
CORRECT ANSWER: B) April 15

6. Which form is used by an employee to prove their income and the taxes withheld by an
employer?

 A) Form 1099-NEC

 B) Form W-4

 C) Form W-2

 D) Form 1040-SR
CORRECT ANSWER: C) Form W-2

7. Under IRS "Due Diligence" requirements, a tax preparer must complete which form when a
client claims the Earned Income Tax Credit?

 A) Form 8863

 B) Form 8867

 C) Form 8829

 D) Form 1040-X
CORRECT ANSWER: B) Form 8867

8. Which filing status generally results in the highest tax liability for a taxpayer?

 A) Married Filing Jointly

 B) Head of Household

 C) Married Filing Separately

 D) Single
CORRECT ANSWER: C) Married Filing Separately

9. A taxpayer receives $400 in jury duty pay. Where is this reported on the tax return?

 A) It is not reported (tax-exempt)

 B) As "Other Income" on Schedule 1

 C) As "Wages" on line 1z

 D) As a "Capital Gain"
CORRECT ANSWER: B) As "Other Income" on Schedule 1

10. The "Child Tax Credit" is available for children who are under what age at the end of the tax
year?

 A) 13

 B) 17

 C) 19

,  D) 24
CORRECT ANSWER: B) 17

11. Which of the following is an "Adjustment to Income" (Above-the-Line deduction)?

 A) Charitable contributions

 B) Student loan interest

 C) Medical expenses

 D) State and local taxes
CORRECT ANSWER: B) Student loan interest

12. If a taxpayer's AGI is $50,000, what is the threshold percentage for deducting medical
expenses as an itemized deduction?

 A) 5%

 B) 7.5%

 C) 10%

 D) 12.5%
CORRECT ANSWER: B) 7.5%

13. What is the maximum amount of "Educator Expenses" that a single teacher can deduct?

 A) $100

 B) $250

 C) $300

 D) $500
CORRECT ANSWER: C) $300

14. Which schedule is used to report "Profit or Loss from Business" for a sole proprietor?

 A) Schedule A

 B) Schedule B

 C) Schedule C

 D) Schedule E
CORRECT ANSWER: C) Schedule C

15. "FICA" tax consists of:

 A) Federal Income Tax and State Income Tax

 B) Social Security and Medicare

 C) Unemployment and Disability insurance

 D) Sales and Use tax
CORRECT ANSWER: B) Social Security and Medicare