INTUIT ACADEMY TAX LEVEL 1
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
• Below the line deductions include.
Answer: Standard deduction
• Below the line deductions include.
Answer: Standard deduction
• Eligible educators can deduct up to _______ of qualified expenses paid
during the tax year..
Answer: $250
• Which of the following is an ineligible medical expense for HSA, Archer
MSA, and MA MSA?.
Answer: Breast enhancement
• The net capital gain is taxed at _______ if the married filing jointly taxpayer
income is less than $80,800..
Answer: 0%
• Eligible educators can deduct up to _______ of qualified expenses paid
during the tax year..
Answer: $250
• Which of the following is an ineligible medical expense for HSA, Archer
MSA, and MA MSA?.
Answer: Breast enhancement
• The net capital gain is taxed at _______ if the married filing jointly taxpayer
income is less than $80,800..
Answer: 0%
• To claim a child as a dependent, they must meet the qualifying child test or
________________..
, Answer: qualifying relative test
• To claim a child as a dependent, they must meet the qualifying child test or
________________..
Answer: qualifying relative test
• Ordinary dividends are taxed at the same rate as __________ income tax
rate..
Answer: ordinary
• Ordinary dividends are taxed at the same rate as __________ income tax
rate..
Answer: ordinary
• Distributions from HSA, Archer MSA, or MS MSA are non-taxable when
_________________________________________..
Answer: spent for qualified medical expenses of your dependent
• Which residency status is used when an individual is neither a U.S. citizen
nor a resident alien for tax purposes?.
Answer: Non-resident alien
• _____________ and ____________ are what taxpayers must know to
calculate their tax amount..
Answer: Taxable income and filing status
• For mortgages entered into after December 15, 2017, the amount of interest
the taxpayer can deduct is no more than ______________ of the debt used
to buy, build, or substantially improve their principal home and a second
home..
Answer: 750,000
• __________ reduce the amount of tax due..
Answer: Tax credits
• Distributions from HSA, Archer MSA, or MS MSA are non-taxable when
_________________________________________..
Answer: spent for qualified medical expenses of your dependent
,• Which residency status is used when an individual is neither a U.S. citizen
nor a resident alien for tax purposes?.
Answer: Non-resident alien
• Which form is for beneficiaries who get income from trusts and estates?.
Answer: Form 1041
• ___________________ consists of both earned and unearned income that is
used to calculate the tax. It is generally less than adjusted gross income due
to the deductions..
Answer: Taxable income
• _____________ and ____________ are what taxpayers must know to
calculate their tax amount..
Answer: Taxable income and filing status
• To satisfy the Substantial Presence Test, how many minimum days (in the
current year) must you be physically present in the United States?.
Answer: 31
• For mortgages entered into after December 15, 2017, the amount of interest
the taxpayer can deduct is no more than ______________ of the debt used
to buy, build, or substantially improve their principal home and a second
home..
Answer: 750,000
• Complete the equation. ___________ = Selling Price - Purchase Price.
Answer: Capital Loss or Capital Gain
• _________________ helps sole proprietorships calculate the profit or loss
from a business while also providing the IRS with your total business
income and deductions..
Answer: Schedule C
• __________ reduce the amount of tax due..
Answer: Tax credits
• Which form is for beneficiaries who get income from trusts and estates?.
, Answer: Form 1041
• What type of deduction is a HSA contribution? Educator expenses Early
withdrawal penalties of saving accounts Moving expenses Business
expenses HSA contributions Self-employment tax Alimony payments
Tuition fees Contributions to a traditional IRA Student loan interest
deduction Health insurance premiums Retirement account contribution.
Answer: Above-the-Line Deduction Some of the common expenses on
which Above-the-Line deductions are available include:
• As it applies to compensation income, the general rule for sourcing wages
and personal services income is controlled by
________________________________..
Answer: where the service is performed The general rule for sourcing wages
and personal services income is controlled by where the service is
performed. The residence of the recipient of the service, the place of
contracting, and the time and place of payment are irrelevant.
• ___________________ consists of both earned and unearned income that is
used to calculate the tax. It is generally less than adjusted gross income due
to the deductions..
Answer: Taxable income
• Which is considered non-taxable income?.
Answer: military personnel allowances Payments received as a member of
military service are generally taxed as wages except for retirement pay,
which is taxed as a pension. Allowances generally aren't taxed.
• To satisfy the Substantial Presence Test, how many minimum days (in the
current year) must you be physically present in the United States?.
Answer: 31
• ______________ is used to offset income and payroll taxes for low-income
workers and to provide an incentive to work..
Answer: Earned Income Tax Credit Earned Income Tax Credit is used to
offset income and payroll taxes for low-income workers and to provide an
CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
• Below the line deductions include.
Answer: Standard deduction
• Below the line deductions include.
Answer: Standard deduction
• Eligible educators can deduct up to _______ of qualified expenses paid
during the tax year..
Answer: $250
• Which of the following is an ineligible medical expense for HSA, Archer
MSA, and MA MSA?.
Answer: Breast enhancement
• The net capital gain is taxed at _______ if the married filing jointly taxpayer
income is less than $80,800..
Answer: 0%
• Eligible educators can deduct up to _______ of qualified expenses paid
during the tax year..
Answer: $250
• Which of the following is an ineligible medical expense for HSA, Archer
MSA, and MA MSA?.
Answer: Breast enhancement
• The net capital gain is taxed at _______ if the married filing jointly taxpayer
income is less than $80,800..
Answer: 0%
• To claim a child as a dependent, they must meet the qualifying child test or
________________..
, Answer: qualifying relative test
• To claim a child as a dependent, they must meet the qualifying child test or
________________..
Answer: qualifying relative test
• Ordinary dividends are taxed at the same rate as __________ income tax
rate..
Answer: ordinary
• Ordinary dividends are taxed at the same rate as __________ income tax
rate..
Answer: ordinary
• Distributions from HSA, Archer MSA, or MS MSA are non-taxable when
_________________________________________..
Answer: spent for qualified medical expenses of your dependent
• Which residency status is used when an individual is neither a U.S. citizen
nor a resident alien for tax purposes?.
Answer: Non-resident alien
• _____________ and ____________ are what taxpayers must know to
calculate their tax amount..
Answer: Taxable income and filing status
• For mortgages entered into after December 15, 2017, the amount of interest
the taxpayer can deduct is no more than ______________ of the debt used
to buy, build, or substantially improve their principal home and a second
home..
Answer: 750,000
• __________ reduce the amount of tax due..
Answer: Tax credits
• Distributions from HSA, Archer MSA, or MS MSA are non-taxable when
_________________________________________..
Answer: spent for qualified medical expenses of your dependent
,• Which residency status is used when an individual is neither a U.S. citizen
nor a resident alien for tax purposes?.
Answer: Non-resident alien
• Which form is for beneficiaries who get income from trusts and estates?.
Answer: Form 1041
• ___________________ consists of both earned and unearned income that is
used to calculate the tax. It is generally less than adjusted gross income due
to the deductions..
Answer: Taxable income
• _____________ and ____________ are what taxpayers must know to
calculate their tax amount..
Answer: Taxable income and filing status
• To satisfy the Substantial Presence Test, how many minimum days (in the
current year) must you be physically present in the United States?.
Answer: 31
• For mortgages entered into after December 15, 2017, the amount of interest
the taxpayer can deduct is no more than ______________ of the debt used
to buy, build, or substantially improve their principal home and a second
home..
Answer: 750,000
• Complete the equation. ___________ = Selling Price - Purchase Price.
Answer: Capital Loss or Capital Gain
• _________________ helps sole proprietorships calculate the profit or loss
from a business while also providing the IRS with your total business
income and deductions..
Answer: Schedule C
• __________ reduce the amount of tax due..
Answer: Tax credits
• Which form is for beneficiaries who get income from trusts and estates?.
, Answer: Form 1041
• What type of deduction is a HSA contribution? Educator expenses Early
withdrawal penalties of saving accounts Moving expenses Business
expenses HSA contributions Self-employment tax Alimony payments
Tuition fees Contributions to a traditional IRA Student loan interest
deduction Health insurance premiums Retirement account contribution.
Answer: Above-the-Line Deduction Some of the common expenses on
which Above-the-Line deductions are available include:
• As it applies to compensation income, the general rule for sourcing wages
and personal services income is controlled by
________________________________..
Answer: where the service is performed The general rule for sourcing wages
and personal services income is controlled by where the service is
performed. The residence of the recipient of the service, the place of
contracting, and the time and place of payment are irrelevant.
• ___________________ consists of both earned and unearned income that is
used to calculate the tax. It is generally less than adjusted gross income due
to the deductions..
Answer: Taxable income
• Which is considered non-taxable income?.
Answer: military personnel allowances Payments received as a member of
military service are generally taxed as wages except for retirement pay,
which is taxed as a pension. Allowances generally aren't taxed.
• To satisfy the Substantial Presence Test, how many minimum days (in the
current year) must you be physically present in the United States?.
Answer: 31
• ______________ is used to offset income and payroll taxes for low-income
workers and to provide an incentive to work..
Answer: Earned Income Tax Credit Earned Income Tax Credit is used to
offset income and payroll taxes for low-income workers and to provide an
