Ms. N, who is married, wants to file as a single person for the current year. Which of the following will prevent her from filing as a single person?

A. Her spouse lived in her home for the final 6 months of the current year.
B. She and her husband did not commingle funds for support purposes.
C. She paid more than half the cost of keeping up her home for the tax year.
D. Her home was, for more than 6 months of the year, the principal home of her son whom she can claim as a dependent.

[3] Mr. and Mrs. X plan to file a joint return for 2019. Neither is over 65 or blind, nor do they have any dependents. What is the amount of gross income required before they must file a return?

A. $1,300 

B. $12,200 

C. $25,700 

D. $24,400

[4] Mr. and Mrs. Jones, both over age 65, elect joint return status. They must file a return for 2019 if their combined gross income equals or exceeds

A. $1
B. $24,400 

C. $25,700 

D. $27,000

[5] A single individual may have to pay alternative minimum tax if taxable income for regular tax purposes, plus any adjustments and preference items exceeds

A. $25,000 

B. $55,850

C. $71,700 

D. $111,700

© 2019 Gleim Publications Inc. 7 Tax Computations 1

[6] Scott and Cindy Muir had an alternative minimum taxable income of $970,000 in the current year and file a joint return. For purposes of computing the alternative minimum tax, their exemption is

A. $25,000 

B. $55,850 

C. $71,700 

D. $111,700

[7] A taxpayer does not have to pay estimated taxes if

A. The taxpayer’s tax liability for the previous year was less than $1,000.
B. The taxpayer’s withholding covers 90% of the tax liability for the previous year.
C. The taxpayer’s Earned Income Credit will exceed his or her tax liability for the current year. 

D. All of the answers are correct.

[8] Ms. W, who is single, determined that her total tax liability for Year 2 would be $10,000. W is required to make estimated tax payments if

A. Her Year 1 tax liability was $12,000 and her Year 2 income tax withholding will be $9,750. 

B. Her Year 1 tax liability was $12,000 and her Year 2 income tax withholding will be $9,000. 

C. Her Year 1 tax liability was $5,000 and her Year 2 income tax withholding will be $6,000. 

D. Her Year 1 tax liability was $9,000 and her Year 2 income tax withholding will be $8,500.