Attachment # 00002258 - What_is_the_filing_status_for_Norman_and_Dorothy_Painter-mcq.docx
What_is_the_filing_status_for_Norman_and_Dorothy_Painter-mcq.docx (27.36 KB)
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What is the filing status for Norman and Dorothy Painter? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127862_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Married Filing Joint PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127862_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Married Filing Separately PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127862_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Head of Household PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127862_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.None of the AboveQuestion 2 1.       How many exemptions are the Painter’s filing on their 1040A tax return PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127863_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.1 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127863_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.2 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127863_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.3 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127863_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.4Question 3 1.       How many dependents are the Painter’s claiming on this tax return? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127864_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.`1 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127864_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.2 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127864_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.3 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127864_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.4Question 4 1.       Who is considered the “primary” on this tax return? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127865_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Hunter PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127865_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Emily PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127865_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Norman PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127865_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.DorothyQuestion 5 1.       What is the adjusted gross income amount and on what line(s) is this amount identified on tax form 1040A? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127866_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Line 21, $48,945 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127866_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Line 22, $49,245 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127866_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Line 22 or 21, $49,245 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127866_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.Line 21 and 22, $48,495Question 6 1.       How much is the taxable interest and where is it located on the tax form(s)? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127867_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Schedule B, Line 4 and on Form 1040A, Line 8a, $245 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127867_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Schedule B, Line 2, and form 1040A, Line 8b, $245 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127867_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Only on Schedule B, $245 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127867_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.Only on Form 1040A, $245Question 7 1.       What is the amount of the student loan interest that Norman is adjusting from the adjusted gross income, and what line number is it on Form 1040A? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127868_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.$300 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127868_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.$245 and Line 8a PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127868_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Line 18 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127868_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.$300 and Line 18Question 8 1.       Are the Painter’s electing the standard or itemized deductions, what is the amount and what is the line number on the 1040A? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127869_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Itemized, line 24; $11,900 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127869_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Standardized, Line 26, $11,900 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127869_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Standardized, Line 26, $8,700 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127869_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.None of the above.Question 9 1.       What is the total amount of the exemptions and on what line number is the figure located on the 1040A? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127870_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Line 26, $5,200 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127870_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Line 27, $15,200 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127870_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Line 26, $15,200 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127870_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.None of the above.Question 10 1.       What is the amount of Taxable Income and what line number is it located? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127871_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Line 28, $21,845 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127871_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Line 27, $2,404 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127871_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Line 27, $21,845 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127871_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.None of the above.Question 11 1.      Where is the tax amount located on the 1040A Tax Return and where was the tax amount found? PRIVATE "<INPUT VALUE=\"0\" NAME=\"ma-ans-_127872_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect a.Tax Tables PRIVATE "<INPUT VALUE=\"1\" NAME=\"ma-ans-_127872_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect b.Form 1040A, Line 28, Tax Tables PRIVATE "<INPUT VALUE=\"2\" NAME=\"ma-ans-_127872_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect c.Tax Rate Schedle PRIVATE "<INPUT VALUE=\"3\" NAME=\"ma-ans-_127872_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect d.Form 1040A, Line 45, Tax TablesQuestion 12 1.       What is the amount of the Child Tax Credit and where is it located on form 1040A? PRIVATE "<INPUT VALUE=\"0\" NAME=\"ma-ans-_127873_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect a.$4000, Line 12 PRIVATE "<INPUT VALUE=\"1\" NAME=\"ma-ans-_127873_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect b.$2,000 Line 33 PRIVATE "<INPUT VALUE=\"2\" NAME=\"ma-ans-_127873_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect c.$2000, Form 8812 PRIVATE "<INPUT VALUE=\"3\" NAME=\"ma-ans-_127873_1\" TYPE=\"checkbox\">" MACROBUTTON HTMLDirect d.None of the above.Question 13 1.       How much was paid in estimated taxes? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127874_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.$400 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127874_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.$345 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127874_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.$000 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127874_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.$300Question 14 1.       The amount of Earned Income Credit (EIC) allowed for the Painters is PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127875_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.$0 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127875_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.$543 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127875_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.$932 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127875_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.$1000Question 15 1.       What is the amount of the refund on this tax return and what line is it located on? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127876_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.$2,146 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127876_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.$2,550, Line 41 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127876_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.$2,550, Line 36 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127876_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.$2,550 Line 42Question 16 1.       On the Child Tax Credit WORKSHEET, how many qualifying children are being claimed? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127877_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.1 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127877_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.2 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127877_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.3 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127877_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.4Question 17 1.       On the Child Tax Credit WORKSHEET, what is the amount in Box 2 and what is it called? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127878_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Adjusted Gross Income, $48,945 PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127878_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Adjusted Gross Income, $49,245 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127878_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Earned Income, $49,000 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127878_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.None of the aboveQuestion 18 Do the Painter’s qualify for the Additional Child Tax Credit (Schedule 8812, Part II)? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127879_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.No PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127879_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Yes PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127879_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Not Sure PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127879_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.MaybeQuestion 19 1.       Whose Social Security Number is identified on the top of Schedule EIC in the box on the right hand side of the Schedule? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127880_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Dorothy PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127880_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Emily PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127880_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Norman PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127880_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.HunterQuestion 20 1.       Does the tax preparer, Valerie Bush, need to prepare the Paid Preparers Earned Income Credit Checklist for the Painter’s if they do not qualify for the credit? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127881_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Yes PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127881_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.NoQuestion 21 1.       What are the four areas that are identified to be completed if a taxpayer qualifies for the Child Tax Credit and the tax preparer has to complete form 8867? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127882_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Part 1 All Taxpayers PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127882_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Part 2 Taxpayers With a Child PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127882_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Part 3, Taxpayers Without a Qualifying Child PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127882_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.Part 4 Due Diligence Requirements PRIVATE "<INPUT VALUE=\"4\" NAME=\"mc-ans-_127882_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect e.All of the aboveQuestion 22 1.       Could this tax return have been completed on Form 1040, Year 2012? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127883_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Yes PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127883_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.NoQuestion 23 If Norman had died in 2012 what would the filing status be for this tax return? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127884_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.Head of Household PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127884_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Qualifying Widow PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127884_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Married Filing Separately PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127884_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.Married Filing JointlyQuestion 24 1.       If the Painters had been able to declare three (3) children, instead of 2, would they have qualified for the Earned Income Credit, if so, at what amount? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127885_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.No PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127885_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.Yes, $0 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127885_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.Yes, $535 PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127885_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.Yes, $986Question 25 1.       What document is normally used to report earned wages from an Employer to an Employee? PRIVATE "<INPUT VALUE=\"0\" NAME=\"mc-ans-_127886_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect a.1099G PRIVATE "<INPUT VALUE=\"1\" NAME=\"mc-ans-_127886_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect b.W2 PRIVATE "<INPUT VALUE=\"2\" NAME=\"mc-ans-_127886_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect c.1099R PRIVATE "<INPUT VALUE=\"3\" NAME=\"mc-ans-_127886_1\" TYPE=\"radio\">" MACROBUTTON HTMLDirect d.W4
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  1. Tutorial # 00031462 Posted By: jia_andy Posted on: 11/17/2014 01:12 AM
    Puchased By: 6
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    The solution of The PAINTERS FORM 1040A: U.S. INDIVIDUAL INCOME TAX RETURN only MCQ's...
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