Page |1
H&R BLOCK INCOME TAX COURSE
EXAM 2025| BRAND NEW ACTUAL EXAM
WITH 100% VERIFIED QUESTIONS AND
CORRECT SOLUTIONS| GUARANTEED
VALUE PACK| ACE YOUR GRADES.
1. Interest on state and local bonds included in gross income? - correct
answer - No
2. Compensation for personal injuries included in gross income? - correct
answer - No
3. Qualified clergy housing allowances included in gross income? - correct
answer - No
4. Federal income tax refunds included in gross income? - correct answer -
No
5. Qualified scholarships and fellowships included in gross income? -
correct answer - No
, Page |2
6. Meals or lodging furnished for the convenience of the employer included
in gross income? - correct answer - No
7. Certain foster care payments included in gross income? - correct answer
- No
8. Disaster relief payments included in gross income? - correct answer -
No
9. Certain income from the discharge of indebtedness included in gross
income? - correct answer - No
10. Statements - correct answer - Attached to the return to explain
various types of income, deductions, and credits reported either on a
schedule or directly on forms 1040EZ, 1040A, 1040, 1040NR, or
1040PR.
11. Worksheets - correct answer - Not sent to the IRS with the return, but
are useful in compiling information and are kept with the taxpayer's copy
of the return.
12. Form W-2 - correct answer - Wage and Tax Statement
, Page |3
13. Form 4852 - correct answer - Substitute W-2
14. W-2 Box 12 Code A - correct answer - Uncollected social security tax
or railroad retirement tax on tips.
15. W-2 Box 12 Code B - correct answer - Uncollected medicare tax on
tips.
16. W-2 Box 12 Code C - correct answer - The cost of group-term life
insurance coverage in excess of $50,000. This amount has been
included in boxes 1, 3, and 5 as taxable income.
17. W-2 Box 12 Code D - correct answer - 401(k) contributions.
18. W-2 Box 12 Code E - correct answer - 403(b) (tax-sheltered annuity)
contributions.
19. W-2 Box 12 Code F - correct answer - 408(k)(6) SEP contributions.
, Page |4
20. W-2 Box 12 Code G - correct answer - 457(b) contributions (a type of
plan used by government employees.
21. W-2 Box 12 Code H - correct answer - 501(c)(18)(D) contributions.
22. W-2 Box 12 Code J - correct answer - The amount of a sick pay not
includible in income because the employee contributed to a sick pay
plan.
23. W-2 Box 12 Code K - correct answer - 20% excise tax on excess
golden parachute payments.
24. W-2 Box 12 Code L - correct answer - Substantiated employee
business expenses reimbursements (nontaxable).
25. W-2 Box 12 Code M - correct answer - Uncollected social security tax
or RRTA tax on the excess coverage cost on taxable cost of group-term
life insurance over $50,000 (for former employees).
26. W-2 Box 12 Code N - correct answer - The same situation as code M,
except the amount shown represents uncollected medicare tax.
H&R BLOCK INCOME TAX COURSE
EXAM 2025| BRAND NEW ACTUAL EXAM
WITH 100% VERIFIED QUESTIONS AND
CORRECT SOLUTIONS| GUARANTEED
VALUE PACK| ACE YOUR GRADES.
1. Interest on state and local bonds included in gross income? - correct
answer - No
2. Compensation for personal injuries included in gross income? - correct
answer - No
3. Qualified clergy housing allowances included in gross income? - correct
answer - No
4. Federal income tax refunds included in gross income? - correct answer -
No
5. Qualified scholarships and fellowships included in gross income? -
correct answer - No
, Page |2
6. Meals or lodging furnished for the convenience of the employer included
in gross income? - correct answer - No
7. Certain foster care payments included in gross income? - correct answer
- No
8. Disaster relief payments included in gross income? - correct answer -
No
9. Certain income from the discharge of indebtedness included in gross
income? - correct answer - No
10. Statements - correct answer - Attached to the return to explain
various types of income, deductions, and credits reported either on a
schedule or directly on forms 1040EZ, 1040A, 1040, 1040NR, or
1040PR.
11. Worksheets - correct answer - Not sent to the IRS with the return, but
are useful in compiling information and are kept with the taxpayer's copy
of the return.
12. Form W-2 - correct answer - Wage and Tax Statement
, Page |3
13. Form 4852 - correct answer - Substitute W-2
14. W-2 Box 12 Code A - correct answer - Uncollected social security tax
or railroad retirement tax on tips.
15. W-2 Box 12 Code B - correct answer - Uncollected medicare tax on
tips.
16. W-2 Box 12 Code C - correct answer - The cost of group-term life
insurance coverage in excess of $50,000. This amount has been
included in boxes 1, 3, and 5 as taxable income.
17. W-2 Box 12 Code D - correct answer - 401(k) contributions.
18. W-2 Box 12 Code E - correct answer - 403(b) (tax-sheltered annuity)
contributions.
19. W-2 Box 12 Code F - correct answer - 408(k)(6) SEP contributions.
, Page |4
20. W-2 Box 12 Code G - correct answer - 457(b) contributions (a type of
plan used by government employees.
21. W-2 Box 12 Code H - correct answer - 501(c)(18)(D) contributions.
22. W-2 Box 12 Code J - correct answer - The amount of a sick pay not
includible in income because the employee contributed to a sick pay
plan.
23. W-2 Box 12 Code K - correct answer - 20% excise tax on excess
golden parachute payments.
24. W-2 Box 12 Code L - correct answer - Substantiated employee
business expenses reimbursements (nontaxable).
25. W-2 Box 12 Code M - correct answer - Uncollected social security tax
or RRTA tax on the excess coverage cost on taxable cost of group-term
life insurance over $50,000 (for former employees).
26. W-2 Box 12 Code N - correct answer - The same situation as code M,
except the amount shown represents uncollected medicare tax.
