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HR BLOCK Final Test Review (ITC 2026)
Which of the following is a requirement for
all taxpayers who want to claim the EIC?
1. Which of the following is a requirement for all taxpayers
who want to claim the EIC?
A) Age 25 or older
B) Must have a qualifying child
C) Must have earned income
D) Must be married filing jointly
Answer: C
Rationale: Every EIC claimant must have earned income. A
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qualifying child is not required (no-child EIC exists). Age and
filing status have exceptions.
2. A taxpayer is 30 years old, single, with no children, and
earned $8,000 in wages. Can they claim EIC?
A) Yes, if investment income under limit
B) No, must have a child
C) No, must be over 40
D) Yes, but only if they file head of household
Answer: A
Rationale: No-child EIC is available for ages 25–64 with
earned income below certain limits.
3. True or False: A taxpayer who is married and files
separately can never claim EIC.
Answer: False
Rationale: They can claim EIC if they lived apart from their
spouse for the last 6 months of the year and meet other rules.
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4. For 2024, what is the maximum investment income
allowed to claim EIC?
A) $10,000
B) $11,600
C) $12,500
D) $15,000
Answer: B
Rationale: IRS sets limit annually. For 2024, it is $11,600.
5. A taxpayer has $12,000 in interest and dividends. Can
they claim EIC?
A) Yes, if they have children
B) Yes, if they are over 65
C) No, exceeds investment income limit
D) No, unless they file jointly
Answer: C
Rationale: Investment income exceeds $11,600, disqualifying
EIC.
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6. Which of the following is NOT considered earned income
for EIC?
A) Wages
B) Net self-employment income
C) Taxable scholarship
D) Unemployment compensation
Answer: D
Rationale: Unemployment is not earned income. Earned income
includes wages, self-employment income, and certain disability
payments.
7. A taxpayer is 24 years old, single, no children, with
$9,000 earned income. Can they claim EIC?
A) Yes
B) No, must be at least 25 for no-child EIC
C) Yes, if they live in a disaster area
D) No, unless they are a student
HR BLOCK Final Test Review (ITC 2026)
Which of the following is a requirement for
all taxpayers who want to claim the EIC?
1. Which of the following is a requirement for all taxpayers
who want to claim the EIC?
A) Age 25 or older
B) Must have a qualifying child
C) Must have earned income
D) Must be married filing jointly
Answer: C
Rationale: Every EIC claimant must have earned income. A
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qualifying child is not required (no-child EIC exists). Age and
filing status have exceptions.
2. A taxpayer is 30 years old, single, with no children, and
earned $8,000 in wages. Can they claim EIC?
A) Yes, if investment income under limit
B) No, must have a child
C) No, must be over 40
D) Yes, but only if they file head of household
Answer: A
Rationale: No-child EIC is available for ages 25–64 with
earned income below certain limits.
3. True or False: A taxpayer who is married and files
separately can never claim EIC.
Answer: False
Rationale: They can claim EIC if they lived apart from their
spouse for the last 6 months of the year and meet other rules.
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4. For 2024, what is the maximum investment income
allowed to claim EIC?
A) $10,000
B) $11,600
C) $12,500
D) $15,000
Answer: B
Rationale: IRS sets limit annually. For 2024, it is $11,600.
5. A taxpayer has $12,000 in interest and dividends. Can
they claim EIC?
A) Yes, if they have children
B) Yes, if they are over 65
C) No, exceeds investment income limit
D) No, unless they file jointly
Answer: C
Rationale: Investment income exceeds $11,600, disqualifying
EIC.
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6. Which of the following is NOT considered earned income
for EIC?
A) Wages
B) Net self-employment income
C) Taxable scholarship
D) Unemployment compensation
Answer: D
Rationale: Unemployment is not earned income. Earned income
includes wages, self-employment income, and certain disability
payments.
7. A taxpayer is 24 years old, single, no children, with
$9,000 earned income. Can they claim EIC?
A) Yes
B) No, must be at least 25 for no-child EIC
C) Yes, if they live in a disaster area
D) No, unless they are a student
