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Question 5 (1 point) Select the correct order of the line items listed below based on the sequence of their appearance on Form US 1040.

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Question 5 (1 point) Select the correct order of the line items listed below based on the sequence of their appearance on Form US 1040. Number the items from the lowest number (1) going to the first item to appear on the return and the last number going to the final item from the list to appear on the return. Taxes withheld and quarterly tax payments Taxable income Standard Deduction . Adjusted Gross Income (AGI) Interest Income Wages Computed income tax before non-refundable tax credits > Refund or Taxes Due Non-refundable tax credit v Student Loan Interest Deduction Previous Page Next Page Page 1 of 2 Question 7 (1 point) Concerning the Qualifying Widow(er) (also known as surviving spouse) filing status, which of the following is not true of that filing status? The person holding that filing status is entitled to use the married joint standard deduction for two years after the year of the former spouse's death The person holding that filing status is considered married for all purposes (like income testing) under the federal tax law for two years after the death of the former spouse The person holding that filing status is entitled to use the married joint tax table for two years after the year of the former spouse's death What are the tax advantages of filing as head of household, if eligible, instead of single? Select all that apply!! exempt from income taxes Better tax table than single (lower computed taxes on same level of income) Larger standard deduction than single Get to use married joint standard deduction Which of the following taxpayers must file a federal income tax return? PICK ALL THAT APPLY!! A single non-dependent individual with income of $10,000 An unmarried person qualifying as head of household with income of $20,000 a 20 year old dependent full time student with income of $2,000 all from investments A single individual with income of $5,000 that is all from self-employment A married couple who are both over 65 with income of $27,000

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