EXAM FULL QUESTIONS AND CORRECT
ANSWERS 2026 GRADED A+
◉ Chap. 1: After a return is completed, what are the methods used to
submit your return to the IRS? Choose all that apply.
A. E-file.
B. Email.
C. U.S. Mail.
D. Fax. Answer: A. E-file.
C. U.S. Mail.
◉ Chap. 1: The Tax Table is used by taxpayers whose taxable income
are less than $100000. Answer: A. True
B. False
, ◉ Chap. 1: Using Form 1040, U.S. Individual Income Tax Return,
arrange the list in order from top to bottom as they appear on the form.
Answer: - Filing Status
- Spouse's social security number.
- Home address (number and street).
- State
◉ Chap. 1: Larry (37) has a savings account at a local bank. He earned
$157 in interest in 2022. He can expect to receive Form
_______________ from the bank to file his 2022 tax return. Answer:
1099-INT
◉ Chap. 1: When filing a tax return for a deceased taxpayer, the
surviving spouse will need to file Form 1310, a Statement of Person
Claiming a Refund Due to a Deceased Taxpayer, to claim a refund.
Answer: False
◉ Chap. 1: Which of the following statements is correct about interest?
A. Total interest of more than $1,500 from all sources must be reported
on Schedule B.
B. Credit Unions often call interest on deposits "dividends."