How much life insurance does Magdalena have to report as taxable income?

Multiple Choice

• $50,000

• $0

• $150,000

• $100,000

How many children qualify for the additional child tax credit, and what is the total amount identified on line 4 of Form 1040, Schedule 8812?

Multiple Choice

• 2; $1,400

• 1; $1,400

• 2; $2,800

• None of the aboved

What is the amount of tax exempt interest for Magdalena?

Multiple Choice

• $2,500

• $3,510

• $3,800

• $3,200

Where is business income reportd on Form 1040?

Multiple Choice

• Form 1040; Schedule 1, Line 10

• Form 1040; Schedule 1; Line 12

• None of the above

• Form 1040; Schedule 2, Line 52

On what form is child and dependent care reported on and how many dependents were claimed?

Multiple Choice

• Form 2441; 1 child

• Form 2441, 2 children

• For m 2442; 1 Child

• Form 2444, 2 children