1 - In 2018, for purposes of the dependency exemption, a child can provide more than one-half of his or her own support during the year and still be considered an exemption of his parents/guardian. (true or false)

2 - Interest on Series E and Series EE U.S. savings bonds need not be reported until the bonds mature. (true or false)

3 - Which of the following statements is false?

A) Under the cash method, prepaid income such as rent is usually taxed when received rather than when earned.

B) Municipal bond interest is taxable.

C) Alimony received by the taxpayer under a 2018 divorce agreement is taxable.

D) Income earned by selling goods online is taxable.