tax

Reed Basic Scenario 6: George and Helen who lived with them a Interview Notes Joshua, year-old George and Halen have an 18- and is a college student George and Holen provided all the up their home Joshua worked during the year and and all the costs of all the support for " of and roceived wages of $2.000. He had $140 federal withholding The Reeds have a balance due on their retum and are unsure what to do George, Helen, and Joshua are U.S. oitizens with valid Social Security Basic Scenario 6: Retest Questions s nothing George and Helen can do to prevent having a balance due year a True b. False 12. George and Helen should not file their tax return until they can pay the entire balance due a. True b Falso CYow 13. Joshua should file a tax return to claim a refund of his withholding a. True b. False Basic Scenario 7: Retest Questions Directions Read the scenario 14. Jacob and Martha must report s 15. The amount of Danief's qualitying education expenses must be reduced by the information for Jacob and Martha Mills beginning on page 31 of gambling winnings on their tax return. scholarship amount shown on Form 1098-T a True b False 16. The taxable amount of Jacob and Martha's Social Security income is $26.350 a True b. Faise 17. Jacob and Martha have an increased standard deduction for their filing status because they are both 65 years old a True b. False 18. The total payments reported on Jacob and Martha's joint tax return is $6.986 a. True b. False 19. Jacob and Martha must use Form 8888, Allocation of Refund (Including Bond Purchases), to split their refund between their checking and accounts a. True b. False Reed Basic Scenario 6: George and Helen who lived with them a Interview Notes Joshua, year-old George and Halen have an 18- and is a college student George and Holen provided all the up their home Joshua worked during the year and and all the costs of all the support for " of and roceived wages of $2.000. He had $140 federal withholding The Reeds have a balance due on their retum and are unsure what to do George, Helen, and Joshua are U.S. oitizens with valid Social Security Basic Scenario 6: Retest Questions s nothing George and Helen can do to prevent having a balance due year a True b. False 12. George and Helen should not file their tax return until they can pay the entire balance due a. True b Falso CYow 13. Joshua should file a tax return to claim a refund of his withholding a. True b. False Basic Scenario 7: Retest Questions Directions Read the scenario 14. Jacob and Martha must report s 15. The amount of Danief's qualitying education expenses must be reduced by the information for Jacob and Martha Mills beginning on page 31 of gambling winnings on their tax return. scholarship amount shown on Form 1098-T a True b False 16. The taxable amount of Jacob and Martha's Social Security income is $26.350 a True b. Faise 17. Jacob and Martha have an increased standard deduction for their filing status because they are both 65 years old a True b. False 18. The total payments reported on Jacob and Martha's joint tax return is $6.986 a. True b. False 19. Jacob and Martha must use Form 8888, Allocation of Refund (Including Bond Purchases), to split their refund between their checking and accounts a. True b. False