1-Ginas spouse, Fred, died in 2017. At the time of his death, Gina and Fred had one child, a 13 year old son named Jason. Assuming Gina has not remarried and the Jason remains in the home, Gina's correct filing status for 2020 is _______

Question options:

	Qualifying Widow/Surviving Spouse
	Single
	Head of Household
	Married Filing Separately

2-Question options:Which of the following loans would require interest imputed under the below market interest rules?

	Lori lends $20,000 to her grandson who uses all of the money as a down payment on a home. Lori doesnt charge interest on the loan and the grandson has no investment income of his own.
	Carson Company offers no-interest loans to its employees up to a loan amount of $5,000.
	Tom gives a no-interest loan to his daughter in the amount of $10,000.
	None of the loans above would require imputation of interest under the below market interest rules.

3-Question options:Which of the following employer provided meals or lodging would not be excludable to the employees?

	Tom's employer holds monthly lunch meetings in the company's conference room where employee attendance is required. The employer pays a caterer to prepare and deliver the meals.
	Janice is the caretaker of a 30 unit apartment building and she receives free lodging for this position. For this position, she is required to live on the premises in order to be available for critical duties as soon as possible. She is required to clean the premises, keep the immediate areas clean of snow, answer tenant questions, and otherwise act on behalf of the employer when the situation arises.
	Ted's employer provides Ted with gift cards for five local restaurants as part of a Christmas bonus.
	All of the above would be excludible to the employee.

4-Question options:Johns parents forgave the $2,000 balance owed on a car that they had originally sold to him for $4,000. Which of the following statements likely reflects the correct tax classification of this forgiveness of debt?

	The forgiveness of the balance due is taxable income because John is not insolvent.
	The forgiveness of the balance due can be excluded as a forgiveness of qualified real property indebtedness
	The forgiveness of the balance due is taxable income because John is not in bankruptcy.
	The forgiveness of the balance due likely is excludable as a gift