please answer the following questions

268. Which of the following is true regarding Treasury Circular 2307 A The circular contains the rules regarding eligibulity to become an enrolled agent and ranewsi deoime B. The croular contains rules of conduct appicable to enroled agents enroe: 1remer pan ages registered tax return preparers, and enralled actuaries but nct attomeys or certified punic acsmans C. The circular contains rules regarding disciinary acions for tax retum preparers wno are na enler agents, registered tax retum preparers, CPAs, or atcmeys D. The circular contains rules of conduct applicatle to attomeys or cartified putble accountants sa a enrolled agents, enrolled retirement pian agents, registered tax retum pregares, and enralled sauares of the Internal Revenue Service. The IRS is questoning Steve and Ashley on cantributions that were sed on page 2 of their 2015 Form 1040. While reviewing the documentation provides by Steve and Asmle vny discovers contributions that were made to a non-qualified organization. What is the acprogn r emy to take? A Jenny must advise Steve and Ashley on how to keep the inaccuracy from being discoveres y he RG B Jenny must notify the Internal Revenue Service that sne s no longer wesenting Stee ane hney C. Jenny must advise Steve and Ashley promptly of the inacauracy and the cansequencas growded y the D Jenny must immediately advise the Intemal Revenue Service examiner of the non-quaifed contntutions A "a taxpayer enrolls in an employer-sponscred plan, inclutding reirge coverage he cr sne s elgde fo B If a tarpayer is nat eligible for coverage through a govemment prcgram, ike Medicad Medicars CHip C A taxpayer is eligible for the Premium Tax Crecit if he cr she cannar ce diamed as adependent ay ancher D. Atarpayer s eligible for the Premium Tax Crecit if he or she purchases coverage rugh he Warnepara withcrawing her Form 2842 Internal Revenue Code and Regulations for such an inaccuracy 278. Which of the following statements is false regarding a tarcayers eligiblity to qualify for the Premium Tax Crear the Premium Tax Credit or TRICARE he or she is eligible for the Premium Tax Credit persor 218 Which of the following expenses that the tarpayer incurs as an investor s deducitle? A Fees the taxpayer pays to a broker, bank, trustee, or similar agent to collect investment ncome such as B Transportation and other expenses the taxpayer pays to atend stocknicaiders meetings of companies in C. Interest on money the taxpayer borrows to buy or carry a single-gremium life insurance endowment ar D. Interest on money the taxpayer borrows to buy or carry a life insuranca andowment ar annulity contrac taxable bond or montgage interest which he or she has no interest other than owning stock annuity contract f he or she plans to systematically borrow part or all of me increases in the casn value of the contrac 219. If a taxpayer claimed an itemized deduction for a given year for quaified foreign taves te ar she can checcse instead to claim a foreign tax credit that will result in a refund for that year by Sling an amendied retum an Fom 1040X within how many years from the original due date of his or her netum? A Three years Five years C Seven years D Ten years of the following are true regarding the deduction for qualfled foreign tares excer A Generally, a taxpayer can take either a deduction or a credit for income taxes imposed by a faneign countr B A deduction ar credit can also be taken for faregn income taves pad on income that is evangt fhom s are 220 All of the tax under the foreign earned income exclusion or the foreign housing exclusion Ataxpayer can change his or her doce betw C .detition or a ondt er een per, a return the way that benefits him or her the most 221 Charitable contributions of what amount or more must be substantiated Dy a written acknowietigment from a 1250 3300 268. Which of the following is true regarding Treasury Circular 2307 A The circular contains the rules regarding eligibulity to become an enrolled agent and ranewsi deoime B. The croular contains rules of conduct appicable to enroled agents enroe: 1remer pan ages registered tax return preparers, and enralled actuaries but nct attomeys or certified punic acsmans C. The circular contains rules regarding disciinary acions for tax retum preparers wno are na enler agents, registered tax retum preparers, CPAs, or atcmeys D. The circular contains rules of conduct applicatle to attomeys or cartified putble accountants sa a enrolled agents, enrolled retirement pian agents, registered tax retum pregares, and enralled sauares of the Internal Revenue Service. The IRS is questoning Steve and Ashley on cantributions that were sed on page 2 of their 2015 Form 1040. While reviewing the documentation provides by Steve and Asmle vny discovers contributions that were made to a non-qualified organization. What is the acprogn r emy to take? A Jenny must advise Steve and Ashley on how to keep the inaccuracy from being discoveres y he RG B Jenny must notify the Internal Revenue Service that sne s no longer wesenting Stee ane hney C. Jenny must advise Steve and Ashley promptly of the inacauracy and the cansequencas growded y the D Jenny must immediately advise the Intemal Revenue Service examiner of the non-quaifed contntutions A "a taxpayer enrolls in an employer-sponscred plan, inclutding reirge coverage he cr sne s elgde fo B If a tarpayer is nat eligible for coverage through a govemment prcgram, ike Medicad Medicars CHip C A taxpayer is eligible for the Premium Tax Crecit if he cr she cannar ce diamed as adependent ay ancher D. Atarpayer s eligible for the Premium Tax Crecit if he or she purchases coverage rugh he Warnepara withcrawing her Form 2842 Internal Revenue Code and Regulations for such an inaccuracy 278. Which of the following statements is false regarding a tarcayers eligiblity to qualify for the Premium Tax Crear the Premium Tax Credit or TRICARE he or she is eligible for the Premium Tax Credit persor 218 Which of the following expenses that the tarpayer incurs as an investor s deducitle? A Fees the taxpayer pays to a broker, bank, trustee, or similar agent to collect investment ncome such as B Transportation and other expenses the taxpayer pays to atend stocknicaiders meetings of companies in C. Interest on money the taxpayer borrows to buy or carry a single-gremium life insurance endowment ar D. Interest on money the taxpayer borrows to buy or carry a life insuranca andowment ar annulity contrac taxable bond or montgage interest which he or she has no interest other than owning stock annuity contract f he or she plans to systematically borrow part or all of me increases in the casn value of the contrac 219. If a taxpayer claimed an itemized deduction for a given year for quaified foreign taves te ar she can checcse instead to claim a foreign tax credit that will result in a refund for that year by Sling an amendied retum an Fom 1040X within how many years from the original due date of his or her netum? A Three years Five years C Seven years D Ten years of the following are true regarding the deduction for qualfled foreign tares excer A Generally, a taxpayer can take either a deduction or a credit for income taxes imposed by a faneign countr B A deduction ar credit can also be taken for faregn income taves pad on income that is evangt fhom s are 220 All of the tax under the foreign earned income exclusion or the foreign housing exclusion Ataxpayer can change his or her doce betw C .detition or a ondt er een per, a return the way that benefits him or her the most 221 Charitable contributions of what amount or more must be substantiated Dy a written acknowietigment from a 1250 3300