1)

Which of the following is not a qualified education expense?

Select one:

a. Textbooks purchased from Amazon

b. Room and board

c. Software required for a class

d. Student activity fees

2)

Which of the following would disallow a taxpayer from claiming Household Help income?

Select one:

a. Work was done in and around the home

b. Household controls the work that was done

c. The taxpayer used their own tools and/or supplies

d. Taxpayer made less than $2,300 from each employer

3)

Gambling losses claimed as other miscellaneous deductions can be claimed:

Select one:

a. In full

b. Up to the amount of gambling winnings

c. Up to 2% percent of AGI

d. Gambling losses are not deductible

4)

How can required education fees related to the American Opportunity Tax Credit, whether paid to the institution or not, be substantiated?

Select one:

a. Interview the client to find out what the fees are for and document the response

b. Taxpayer provided receipts and explained what they are for

c. Taxpayer provided a syllabus from their classes showing required items

d. All of these

5)

Which of the following is not a requirement for the Head of Household filing status?

Select one:

a. Taxpayer must have paid more than half of the cost of keeping up the home

b. Taxpayer must be unmarried or considered unmarried on the last day of the tax year

c. Dependent children must live in the home for more than half the year

d. Dependent parent must live in the home for more than half the year

6)

Which of the following is not a requirement to claim the American Opportunity Tax Credit?

Select one:

a. Must be enrolled at least half-time for at least one academic period in the tax year

b. Cannot have taken the credit for more than 2 years

c. Cannot have been convicted of a drug related felony

d. Must be pursuing a degree or other recognized education credential

7)

Which of these would make a supporting document ineligible to rely on for residency?

Select one:

a. Names the dependent

b. Address matches the address on the tax return

c. Dated in February of the current calendar year, not the tax year

d. Names the taxpayer as the dependent guardian

8)

What tests must be satisfied to claim a child as a qualifying dependent for EITC purposes?

Select one:

a. Relationship, residency, age, support

b. Relationship, residency, age, joint return

c. Residency and relationship only

d. No tests must be satisfied as long as an interview is conducted