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please answer all 7. Amended individual returns are filed on: (Points : 1) Form 1040X Form 1120S Form 1041 Form 1040Amend Question 8. 8. Which

please answer all

7. Amended individual returns are filed on: (Points : 1)
Form 1040X Form 1120S Form 1041 Form 1040Amend

Question 8.8. Which of the following is not considered one of the 5 basic taxable or reporting entities?? (Points : 1)
Partnership Corporation Portfolio Individual Trust

Question 9.9. Married taxpayers may double their standard deduction amount by filing separate returns. (Points : 1)
True False

Question 10.10. An item is not included in gross income unless the tax law specifies that the item is subject to taxation. (Points : 1)
True False

Question 11.11. For taxpayers who do not itemize deductions, the standard deduction amount is subtracted from the taxpayer's adjusted gross income. (Points : 1)
True False

Question 12.12. An individual is a head of household. What is her/his 2016 standard deduction? (Points : 1)
$6,300 $9,300 $12,600 $14,800 None of the above

Question 13.13. Eugene & Velma are married. For 2016, Eugene earned $25,000 & Velma earned $30,000. They have decided to file separate returns & are each entitled to claim one personal exemption. They have no deductions for adjusted gross income. Eugene's itemized deductions are $11,200 and Velma's are $4,000. Assuming Eugene and Velma do not live in a community property state, what is Eugene's taxable income? (Points : 1)
$9,750 $13,800 $14,700 $21,000 None of the above

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