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Military Scenario 4: Retest Questions Directions Refer to the scenario information for Alvin and Kellyr Blackbum beginning on page 103. 10. 11. 12. 13. Individuals

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Military Scenario 4: Retest Questions Directions Refer to the scenario information for Alvin and Kellyr Blackbum beginning on page 103. 10. 11. 12. 13. Individuals serving in a combat zone receive an extension to le their return and pay,r their tax. The deadline is extended for 1 Bl] days plus the number of days left to take action when theyr entered the combat zone. a. True b. False The net rental income [rental income minus expenses) is gured using Schedule E and reported as rental income on Form 1040, Schedule 1,Additional Income and Adjustments to Income. a. True b. False Alvin cannot take a rental expense deduction for which of the following items? a. Depreciation b. Repairs c. Value of his labor d. Management fees What is the correct amount reported as wages on Form 1040, US Individual Income Tax Return $ 14. What is the amount of the Blackburn's earned income credit? n "\"4 \"I'll

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