Question 6 of 70. A taxpayer should include which of the following when figuring their federal gross income?

Life insurance payments, if paid by reason of the death of the insured.

Qualified scholarships and fellowships. The cost of up to $50,000 of group-term life insurance provided by the employer. Unemployment compensation. Mark for follow up

Question 7 of 70. To determine if a taxpayer overpaid tax or has a tax balance due, the total tax on Form 1040, page 2, line 24, may be reduced by which of the following? Other taxes, including self-employment tax. The Nonrefundable Child Tax Credit. The Other Dependent Credit. The Recovery Rebate Credit. Mark for follow up

Question 8 of 70. Antonio Sanchez had taxable income of $35,950 in 2021. He will file a return using the single filing status. In 2021, he opened an interest-bearing savings account and received Form 1099-INT showing he had earned $12 of interest for the year. What amount of interest must he report on his Form 1040? $0 $10 $12 $24 Mark for follow up

Question 9 of 70. Yolanda Smith is an unmarried, 34-year-old taxpayer. She will use the head of household filing status, and she has the following income for the year: Wages: $34,500. Interest from a bank savings account: $350. Municipal bond interest: $200. Lottery prize: $250. Gift from her father: $5,000. Yolanda contributed $1,500 to her traditional IRA, which she qualifies for and will deduct. What is Yolanda's adjusted gross income?

$33,350

$33,600

$33,800

$38,800