1.Sophia and Kevin have three children, ages 14, 15, and 17. They claim the exemptions for all

three children. Their AGI is $51,500, and tax liability is $1,874. What is the amount, if any, of

their child tax credit?

a) $3,000

b) $2,000

c) $1,874

d) $1,000

2.Cheryl took an online tax preparation course and will begin working as a paid tax preparer for

a local company where most returns are electronically filed. Which of the following statements

regarding e-filing is correct?

a) Returns that are e-filed are not eligible for an extension.

b) The prescribed due dates for filing returns do not apply to e-file returns.

c) An electronically filed return is considered filed once the ERO submits the return.

d) If the electronic portion of a return is transmitted on or shortly before the due date and is

rejected, but the provider and the taxpayer comply with the requirements for timely

resubmission of a correct return, the return will be considered timely filed.