VITA Basic Exam | Questions with 100% Correct Answers | Verified | Updated 2024
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Description

What is the most advantageous filing status allowable that Joe can claim on his tax return for 2021? - Head of Household Joe can claim a higher standard deduction because he is blind. - True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because they are too young and have no qualifying children. - false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax return. - false Which of the Reynolds children qualifies for the child tax credit (CTC)? - Laura and Timothy Archie and Tina will not itemize deductions but can deduct the full amount of theircharitable contribution. - false

Subject :
Business
Unit Code:
Unit: Exam
Price: $5.00