Answers (Grade A+)
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 2021 taxreturn. -
correct answer ✅false
Which of the Reynolds children qualifies for the child tax credit
(CTC)? -
correct answer ✅Laura and Timothy
Archie and Tina will not itemize deductions but can deduct the full
amount of theircharitable contribution. -
correct answer ✅false
, VITA Basic Exam Questions &
Answers (Grade A+)
The Brooks qualify for the Credit for Other Dependents. -
correct answer ✅True
The Brooks qualify for the Earned Income Tax Credit. -
correct answer ✅false
Alan cannot claim the Earned Income Tax Credit because his age is
more than theage limit. -
correct answer ✅False
. Alan must take a required minimum distribution in 2021. -
correct answer ✅false
Bobbie can exclude his unemployment compensation on his 2021
tax return. -
correct answer ✅False
Bobbie is eligible for the following credit: -
correct answer ✅American Opportunity Credit
Lifetime learning credit